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Early ERC-free product transfers and new discount rates 

Date Published: 1 December 2025

Read time: 1 minute

We’re making it easier for your clients to save money sooner. You can transfer your clients onto their next product up to 3 months before maturity, and, where it benefits them, they can transfer ERC-free from the 1st of the following month. 

We’ve also added new discounted variable rates to support your clients who want another discount product at maturity. 

What you need to know 

  • We’ll contact your client with everything you need to arrange their product transfer 4 months before maturity
  • You can start the new product from the 1st of the next month and transfer up to 3 months early, ERC-free
  • Your client can make an ERC-free lump-sum overpayment to help reduce payments at maturity
  • Apply online using our product transfer tool - no paperwork needed 
  • Get paid sooner - 0.30% proc fee paid 14 days after the transfer takes effect

Take a look at our existing customer rates: 

Affordability calculator

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Product range

Check out our latest rates and products.

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Lending criteria

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Meet your BDM

Here to support you

Available across the UK, your dedicated Business Development Manager (BDM) is ready to give expert advice on your product, criteria, or application questions.

Headshot of Andy, Newcastle for Intermediaries BDM

Andy White - Field-based

South West & Home Counties

Rhys Mosley - Telephone

South West & Home Counties

Nichola Logan - Telephone

North East & Scotland
Headshot of Rebecca, Newcastle for Intermediaries BDM

Rebecca Roberts - Field-based

London & South East

Linzi Stafford - Telephone

London & South East
Headshot of Kam, Newcastle for Intermediaries BDM

Kam Gill - Field-based

North West & Midlands
kam.gill@newcastle.co.uk

07483 368 827

Rhys Mosley - Telephone

North West & Midlands

Contact our dedicated Intermediary Support Team on 0345 602 2338 or intermediary.lending@newcastle.co.uk. We're available from 8am to 6pm, Monday to Friday.