Newcastle mortgage 'improved'
www.moneynews.co.uk > Mortgages > Newcastle mortgage 'improved'
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Money News |
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Newcastle mortgage 'improved'
Mon 2nd Apr 2007
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The group's mortgage will be set at a 5.22 per cent rate until April 30th 2009 and possesses a 95 per cent loan-to-value rate.
Higher lending charges on the Newcastle mortgage will not be applicable up to 90 per cent.
While early repayment charges of three per cent apply to the Newcastle mortgage until April 31st 2009, the product also contains a £475 completion fee.
Steven Marks, lending and operations executive at the society, said that Newcastle was offering its customers a "leading fixed-rate mortgage deal".
He added: "This product is an attractive option for customers, offering buyers the opportunity to fix their repayments for two years with the certainty that there will be no change, regardless of Bank of England decisions."
The Newcastle mortgage is available through the group's branch network or customer contact centre.
Related News : Mortgages |
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