The Mortgage Works will cut rates on selected buy-to-let switcher loans by up to 20 basis points, with rates starting from 3.84% from tomorrow (30 January). This comes as Newcastle Intermediaries has cut fixed rates across its property investor deals by up to 30bps and eased stress rates today (29 January).
Newcastle Intermediaries has launched a range of base rate tracker products. The mutual’s new range of two-year BRT products come with fee-assisted options, no early repayment charges, and “provide greater choice and flexibility to brokers and their clients who want the flexibility to manage a change in mortgage
Newcastle Intermediaries has cut landlord rates by up to 36 basis points and eased criteria, while Furness has introduced lower residential prices. Newcastle Building Society’s broker-only unit says its buy-to-let reductions include five-year fixed-rate deals at 5.55%, available at up to 80% loan to value. And
Newcastle Intermediaries has cut rates on interest-only loans by up to 25 basis points. Newcastle Building Society’s broker-only arm says the reduced rates include a five-year fixed-rate offer at 5.55% (6.6% annual percentage rate of charge), with early repayment charges of 5% until 30 April 2025, 4% until 30 April
Newcastle Intermediaries has introduced a range of five-year, 80% LTV products as part of its buy to let proposition. Included as part of the updated range is a five-year fixed rate at 5.50% (6.6% APRC) up to 80% LTV, that comes with a 1.50% product fee and allows up to 10% overpayments. Also available is a five-year