We recognise how vital your work is in helping clients achieve the best outcomes when their mortgages mature. That’s why, starting 3 December 2024, we’re increasing the proc fee for all product transfers to 0.3%.
What does that mean for you?
Based on our average mortgage value maturing in 2025, this increase could provide an additional £157 per product transfer, taking the average fee paid to £471! This change applies to all product transfers, including those already in progress, ensuring you’ll benefit from the new rate no matter where you are in the process.
| “We're committed to building strong, lasting partnerships with our broker partners. The increase of our proc fee to 0.3% for all product transfers reflects our appreciation for the hard work and expertise that you offer in supporting clients through maturity. Combined with our new website and mortgage platform, this recent change is another step in our ongoing commitment to simplify how you do business and make it easier to deliver exceptional service to your clients.” |
| Francesco Di Pietro, Head of Intermediary Mortgages |
Why transfer with us?
- It’s quick and easy with our online product transfer tool.
- Apply online; no need to send any paperwork.
- Secure a new rate ahead of maturity for your clients (and if rates fall, you can switch them to a different rate).
- Exclusive rates for existing customers.
Explore our existing customer products
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.
Linzi Stafford
Connells Group
Postcodes:
CONNELLS, CG
Judi Hancock
South East
Postcodes:
SO, PO, GU, RH, BN, TN, ME, CT, SS, CM, BR, DA, CB, IP, RM
Judi Hancock
South East (Connells Group please search 'CG' for your BDM)
Postcodes:
CO
Stephen Breen
North West and M62 Corridor
Postcodes:
FY, LA, PR, BD, BB, L, WN, BL, OL, HX, M, WA, CH, CW, SK, S, DN, HU, HD, LL
Rebecca Roberts
London
Postcodes:
HP, SL, AL, WD, HA, UB, TW, KT, CR, SM, EN, IG, E, EC, W, N, NW, SE, SW, WC
Kam Gill
Midlands
Postcodes:
TF, ST, DE, NG, LN, WV, WS, DY, WR, B, CV, LE, NN, PE, NR, SY
Andy White
South West and Home Counties
Postcodes:
TA, BS, CF, BA, GL, SN, OX, RG, MK, LU, SG, BH, SP, NP, SA, LD, HR, DT, EX, TQ, PL, TR
Sophie Goodwin
North East and Scotland
Postcodes:
SR, TS, DD, G, FK, KY, KA, ML, EH, DG, TD, CA, NE, DL, DH, HG, YO, LS, WF, KW, IV, PH, AB, PA
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.