The two year product is fixed at 4.67% until 31 July 2007 for loans of up to 90% Loan to Value (LTV). The five year product has a fixed rate of 4.85% for 85% LTV until 31 July 2010 and the three year discounted product is 2.22% below the Society’s standard variable rate (SVR) which gives it a starting rate of 4.58% on loans of up to 90% LTV.
Steve Urwin, AGM Marketing and New Media at Newcastle Building Society, said: “In the current market, borrowers need to make sure they find the best deal available and we are proud that we are able to offer customers ‘best buy’ rates on all the new mortgages in our range. Newcastle is committed to providing competitive products to its members.”
