The lender is also offering a rate of 2.25% to 60% LTV with no product fee, and 75% LTV 2-year fixes at 2.20% with a £999 fee and 2.40% with no fee.
Newcastle Intermediaries has refreshed its self-employed product range – offering a 2-year fix at 2.10% with a £999 fee to 60% loan-to-value.
The lender is also offering a rate of 2.25% to 60% LTV with no product fee, and 75% LTV 2-year fixes at 2.20% with a £999 fee and 2.40% with no fee.
Steve Carruthers, head of mortgage distribution at Newcastle Intermediaries, said: “We’re continuing to provide much needed support to a growing group of self-employed individuals with the launch of this revised range of mortgages.
“We appreciate that one size doesn’t fit all and it can be difficult to find a lender that truly understands the needs of self-employed clients. That’s why our policy aims to make the application process much easier.”
The products offer free valuations on properties up to and including £500,000.
An individual case assessment is applied with one year’s accounts, while an SA302 form or a completed accountant’s certificate is required.
Newcastle’s self-employed products are available through Sesame, Openwork, L&G, Mortgage Advice Bureau, Intrinsic, First Complete, Pink Network, The Mortgage Alliance, Premier Mortgage Services, SimplyBiz Mortgages, Brilliant Solutions and Tenet.
