We now offer up to 90% LTV for new build flats. This latest update builds on our recent expansion to 95% LTV for new build houses and increases our support for home buyers with smaller deposits.
“By raising our LTV on new build flats to 90% and having already extended up to 95% on new build houses earlier this year, we’re reducing the deposit barrier that many borrowers face, while broadening access to the modern, energy-efficient homes our borrowers want.
“We’ll continue innovating our products to ensure we meet the challenge of affordability, so that more aspiring home buyers or people looking to make their next move can do so with confidence.”
Francesco Di Pietro, Head of Intermediary Mortgages
Key features:
- Two and five year products available
- Up to 80% LTV for 1 bedroom new build flats
- Fee assisted features on selected products to support clients with upfront costs
- 10% annual overpayments and additional monthly overpayments of £499 allowed
- Free standard valuation up to £250,000
- Extended offer time of 9 months for new build applications
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.
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.