Newcastle Intermediaries is now allowing residential lending on properties under a Section 106 agreement (S106). An S106 describes an obligation for a developer to help fund the improvement of the local area around a new project when said project is believed to have an impact on the surrounding infrastructure, such
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Newcastle Intermediaries says it has completed its integration with Legal & General’s SmartrFit affordability and criteria tool, which will provide brokers with calculations for the lender's residential and buy-to-let mortgages. The broker-only arm of Newcastle Building Society says: “This integration is intended
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Newcastle Intermediaries says it has refreshed its residential mortgage portfolio with the introduction of three-year fixed-rate loans. It says the move is a bid to “meet the needs of borrowers with lower deposits looking to achieve their homeownership goals”. The range includes a 95% loan to value, three-year