The longer-term fixed deals Newcastle IS has available include a five year fixed product, which is available at 4.35% (5.5% APR) with a maximum LTV of 75%, or 4.99% (5.8% APR) for LTVs up to 80%.
Free standard valuations (on properties up to £500k) are available on both deals, in addition to free legal fees (remortgages in England and Wales) or £300 cashback (for all house purchases and also on remortgages in Scotland).
Steven Marks, intermediary services executive, Newcastle Building Society, said: “There has been a lot of debate amongst industry experts as to whether interest rates are set to rise or not. While this debate rumbles on it is important to remember that there are still homebuyers out there who need support and advice in relation to the best products available.
“Ultimately most people want flexibility and good value when it comes to their mortgage deal and we urge people to consider the merits of locking in to a longer deal while these competitive deals are still around.”
These products are available on a semi-exclusive deal through Legal & General, Openwork, Your Move, Intrinsic, Positive Solutions and Brilliant Solutions.
