Newcastle Intermediaries has launched a variety of five-year, 80% LTV merchandise as a part of its purchase to let proposition.
Included as a part of the up to date vary is a five-year fastened fee at 5.50% (6.6% APRC) as much as 80% LTV, that comes with a 1.50% product charge and permits as much as 10% overpayments.
Additionally out there is a five-year fastened fee at 5.15% (6.6% APRC) as much as 80% LTV, that comes with a 3% product charge and as much as 10% overpayments.
Each merchandise can be found for home buy and re-mortgage and include early compensation prices of 5% till 28.02.2025, 4% till finish of February 2026; 3% till finish of February 2027; 2% till finish of February 2028 and 1% till finish of February 2029.
Newcastle Constructing Society head of middleman mortgages Franco Di Pietro says: “We’re at all times in search of methods through which we are able to improve our proposition to help our dealer companions.
“In response to their latest suggestions on our providing for his or her landlord shoppers, along with our latest BTL fee reductions, we’re happy to now provide this extra vary of five-year BTL merchandise, offering a larger vary of choices, coupled with our versatile lending standards.”