Newcastle unveils new fixed rate mortgage range with 20% deposit.
Newcastle Intermediaries have unveiled a new range of fixed rate mortgages for buyers with a 20% deposit.
The details are:
- 2 year fix at 2.05%
- 3 year fix at 1.85%
- 10 year fix at 3.29%
The new range also features £200 cashback, a free standard valuation and zero reservation and completion fees.
These mortgages from Newcastle include the option of making monthly overpayments. Previously, overpayments of up to £499 per month could be made, however, the lender now allows borrowers to pay up to 10% of the outstanding mortgage balance per annum.
If you have a 20% deposit and are interested in a mortgage with an overpayment option, Newcastle is one of many lenders who offer attractive ranges. At Deal Direct, we can connect you with and compare potential mortgage solutions from across the UK.
Our advisers understand that borrowers have a range of varying needs and we take the time to understand yours so we can match you with the perfect home finance product. A crucial difference is that, as we are an independent mortgage broker, you can be sure the advice we give is accurate, up-to-date and, above all, impartial.