Newcastle cuts 90% LTV and 95% LTV rates – Mortgage Strategy – English SiapTV.com

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Newcastle Intermediaries has cut 79 basis points from its five-year 90% LTV and 95% LTV corrections.

Highlights include a 90% LTV loan product now priced at 4.80% and its 95% LTV loan now approaching 5.25%.

Both of the above products are available for purchase and remortgage, including a free standard property valuation up to £500,000 and zero fees.

They also include a prepayment fee of 5% until the end of July 2024, which is gradually reduced to 1% at the end of July 2028.

Earlier this month, Newcastle Intermediaries cut rates on a wide range of loans and introduced variable discount rates for products up to 80% LTV.

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