Newcastle are refreshing their range of help to buy mortgage products, including a range of products to support customers staircasing up to 95% LTV.
A five year fixed rate of 2.70% (4.7% APRC) is available at 60% LTV with 10% overpayments per annum and an early repayment charge of 5% until 31st January 2021, 4% until 31st January 2022, 3% until 31st January 2023, 2% until 31st January 2024 and 1% until 31st January 2025. Alternatively, for borrowers looking for a higher LTV, a five year fix rate of 2.80% (4.7% APRC) is available at 75% LTV with the same overpayments and early repayment charges.
For customers wishing to staircase in order to start repaying their equity loan, Newcastle offers help to buy products at 90% and 95% LTV. These products come with a £1,000 cashback to help with the administration costs of redeeming their equity loan.
Please contact 0113 248 8181 or Email at [email protected] for more information!