Newcastle Intermediaries has announced its entry into the Help to Buy new build market, including both the standard 20% equity loan and the 40% Help to Buy London scheme.
The range includes two and five-year new build mortgages, with a free valuation, 10% over payments and £300 cash back.
There’s also a remortgage product, fixed for three years at 2.35% with no product and legal fees. Available up to a maximum of 75% LTV, this deal is aimed at those borrowers with their initial Help to Buy mortgages maturing.
Wayne Curry, managing director of new build firm Safeguard Financial Services, said: “It’s great to see Newcastle Intermediaries supporting home buyers in the North East and beyond, through the ever popular new build Help to Buy scheme. Newcastle Intermediaries is also offering Help to Buy remortgage products, giving customers even more choice in the market place.”
Newcastle Intermediaries is offering Help to Buy through a selection of key partners including: Sesame, Openwork, L&G, Mortgage Advice Bureau, Intrinsic, First Complete, Pink Home Loans, The Mortgage Alliance, Premier Mortgage Services, SimplyBiz Mortgages, Brilliant Solutions and Tenet.
Last month, Newcastle Intermediaries extended its buy-to-let range to all key partners and enabled brokers to complete applications on the website, completing its move to paper-free applications.
Pictured: Steve Carruthers, head of mortgage distribution at Newcastle Intermediaries, speaking at The Mortgage and Protection Event 2016
Victoria Hartley is contributing editor at Mortgage Solutions, Specialist Lending Solutions, Your Money and Your Mortgage at London-based publishing company AE3 Media.
She has an MA in Radio from Goldsmiths after gaining a 2:1 in a Comparative American Studies BA at Warwick University. She also holds a TEFL qualification and taught overseas in Mexico and Japan from 1994 to 1997.
Her role includes editorial oversight of the news, analysis and features, event content management and strategic and editorial consultancy for the AE3 Media group. She is an experienced video, broadcast and live-event host and regularly chairs web and podcast debates and interviews.
Multiple award nominations have resulted in two wins: Santander Media Awards, trade journalist of the year and Headlinemoney Awards, mortgage journalist of the year (B2B). Here is one of the award-winning pieces: https://www.mortgagesolutions.co.uk/news/2011/07/21/exclusive-tale-bailey-fraud-witness/
Previous roles include editorships of Mortgage Solutions, consumer title What Mortgage and trade title Credit Today as well as a stint freelancing for a variety of outlets including The Guardian and Which? Money.