Newcastle Building Society mortgages launched

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Newcastle Building Society mortgages launched

Wed 27th Jul 2005

Newcastle Building Society, the biggest building society in the North East, has launched two new mortgages.

The building society is offering customers a new two year fixed rate mortgage and a five year fixed rate mortgage.

The two year product benefits from a competitive fixed rate of 4.22 per cent until September 2007 for loans of up to 90 per cent Loan to Value (LTV).

The Newcastle Building Society product is subject to a completion fee from £499 on a minimum advance of £15,000 and available up to £500,000.

The five year product has a fixed rate of 4.46 per cent until September 2010 for 90 per cent LTV.

Steve Urwin, AGM Marketing and New Media at Newcastle Building Society, said:

"When it comes to mortgages, competitive rates are of primary importance and are at the forefront of every borrower’s mind.”

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