Newcastle BS launches a new 80% LTV fixed mortgage range.
For buyers with up to 20% as deposit, the Newcastle Building society has launched a new range of fixed rate mortgages. Fixed rate terms available include 2, 3 and 5 years.
For those looking for a short fix with the freedom to remortgage after 2 years a rate of 1.65% is offered for 80% LTV. There is no early repayment charge on this mortgage.
The lender also has a 3 year fixed rate mortgage option for 80% LTV, which is offered at a rate of 2.15%
In addition the lender has a highly competitive 5 year deal for those home-owners looking for the security that comes with a longer term fix. For 80% LTV a rate of 2.65% is offered.
If you would like to review these mortgage deals against the wider market to find out if there is a more competitive mortgage to be had at your deposit level, call us at Deal Direct.
We can make a comparison of all UK mortgage products to find the deal which really is the most competitive for your deposit level.
With it getting tougher to achieve a mortgage offer, it really does make sense to contact us for independent impartial advice and a review of all your mortgage options.
Call us today for free advice and a whole of market mortgage search.