Newcastle Intermediary Services, part of Newcastle Building Society, has continued its support of the first time buyer marketplace with the unveiling of two new low deposit mortgage products.
NIS introduced a two-year fixed rate product at 5.95% (6.2% APR) which requires only a 5% deposit. It comes with just a £195 reservation fee and no completion fee and assistance towards valuation and legal fees freeing up more money for those moving costs.
Additionally, the Society has launched a two year, 4.10% (5.9% APR) fixed rate product, at a max LTV of 90%, which is ideal for those with a slightly larger deposit. It comes with a £195 reservation fee and a £495 completion fee.
Alternatively, for those with at least a 20% deposit there is a fees-free product, which is a competitive two year fixed rate set at 3.25% (5.6% APR).
Contact Integrity IFA now for free independent whole of market mortgage advice in Edinburgh or visit our website to use our free mortgage source and calculator.
