Newcastle Intermediaries has introduced a new range of 10-year fixed rate products, following an increase in consumer demand for longer-term options.
The newly introduced range includes products at up to 80%, 90% and 95% loan-to-value (LTV). A 10-year fix at 6.05% until 31 January 2034 is available with a maximum LTV of 95%, with a product fee of £999 and allowing 10% overpayments per annum.
The society confirmed that a 10-year fix at 6.15% is also available at a maximum LTV of 95%, with no product fees, a free standard valuation and £200 cashback.
Head of intermediaries at Newcastle Building Society, Franco Di Pietro, said: “We’re always adapting our range to meet the demands of the market and, as borrowers look to safeguard their monthly mortgage repayments over the longer-term, our attractive range of 10-year fixed rate products provide additional options and flexibility to meet the requirements of brokers and their clients.
“Not only will this range provide borrowers looking for a longer-term fix with greater choice and increased payment certainty, but our 6.05% rate provides better value to those particularly concerned about the growing pressures on household finances.”
AI, finfluencers and the future of broking
The mortgage industry is evolving faster than ever. In this MoneyAge video, we examine the opportunities and challenges redefining the broker landscape, from AI-powered lending and changing customer expectations to housing affordability, property supply and the rise of financial influencers. Our guest from Chorley Building Society shares practical insights on what brokers need to do to stay relevant and thrive in a rapidly changing market.
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories