Newcastle launches broker exclusives

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Newcastle Building Society has launched two fixed rate mortgages exclusively for intermediaries.

The first is a two-year fixed rate at 5.85% with a £999 completion fee and £99 reservation fee with no additional features. Secondly, intermediaries will be able to access a fee-free two-year fixed rate at 6.25% with free valuations up to £500,000 and free legals for remortgages. Newcastle says the products have been released to reinforce its commitment to intermediaries. Steven Marks, lending at operations executive at the society, also revealed Newcastle’s intermediary brand will launch a dedicated mortgage range in 2009. If you would like to comment on this story, contact: John Baki...

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