Mortgage Intelligence adds Newcastle Intermediaries to panel

Mortgage Intelligence has announced the addition of Newcastle Intermediaries to its lender panel.

The mortgage network revealed the new appointment will provide more than 400 network advisers and all mortgage club members with access to Newcastle Intermediaries’ products.

With Newcastle Intermediaries’ inclusion, Mortgage Intelligence suggested the panel will offer a variety of mortgages that suit several borrower needs – which includes 95% LTV mortgages, buy-to-let products, and an interest only proposition available across a variety of LTV’s to a 75% maximum, with affordability calculated on an interest only basis.

Newcastle Building Society head of intermediary mortgages, John Truswell, commented: “We’re delighted to be a part of Mortgage Intelligence’s lending panel. We’re able to offer brokers a personable service which has been responsively designed, based on broker feedback.

“Similarly, our bespoke underwriting demonstrates our commitment to helping brokers manage a variety of customer needs, whether straightforward or more niche.”

Mortgage Intelligence managing director, Sally Laker, added: “Newcastle Intermediaries’ flexible criteria and common-sense underwriting approach allows them to consider cases that are more complex and difficult to place on the high street. We’re excited to offer our advisers their services to help with even more cases.”

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