Newcastle launches exclusive intermediary fixed rate product

The products mark Newcastle's commitment to the intermediary marketplace, ahead of the introduction of a dedicated mortgage range in 2009 via its intermediary brand, Newcastle Intermediary Services (Newcastle IS), which was launched in July.

Two year fixed rate of 5.85% until 30.11.2010

* £999 completion fee

* £99 reservation fee

* Call 08456 004 329

Two year fixed rate of 6.25% until 30.11.2010

* No completion fee

* No reservation fee

* Free standard valuation on properties up to £500,000

* Free legal fee for re-mortgages (England and Wales) or £200 cashback

* Call 08456 004 329

Steven Marks, Lending and Operations Executive at Newcastle Building Society, said: "Exclusively for intermediaries, we are pleased to offer two new competitive fixed rate products, which offer a choice of rates and fees.

"Newcastle Building Society is dedicated to the intermediary channel and we plan to increase our products for intermediaries in 2009. We have already launched Newcastle IS with a range of investment products, which we plan to expand to include a range of mortgage products next year."

For more information please contact Newcastle Building Society on 08456 004 329.