The product has a £199 reservation fee and £800 completion fee.
Newcastle Intermediaries has launched a 1.99% 3-year fixed rate mortgage to 80% loan-to-value.
The product has a £199 reservation fee and £800 completion fee.
Steve Carruthers, head of mortgage distribution at Newcastle Building Society, said: “We have seen an increase in borrowers looking for three year products, so I’m pleased to see us offer another competitive product in this market.”