The revised range includes two- and five-year fixed rates available up to 80% loan to value (LTV) for house purchase and remortgage, with a fee-assisted alternative to help manage upfront costs.
Franco Di Pietro, head of intermediary mortgages at Newcastle Building Society, said: “We’re committed to working closely with our broker partners to deliver positive, customer-focused outcomes. We know many landlords are looking for certainty and affordability as they plan future investments.
“These rate reductions, together with our flexible lending criteria and fee-assisted option, give brokers practical choices to help their landlord clients move quickly and confidently.”
Gatehouse Bank introduces limited-edition refinance deals
Gatehouse Bank has introduced new limited-edition home purchase plan (HPP) and buy-to-let (BTL) refinance fee-saver deals for UK residents who are refinancing from another provider to Gatehouse Bank.
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These are available for a two-year or five-year fixed term with a minimum finance amount of £200,000 up to 60% finance to value.
Rental rates on the HPP two- and five-year fixed rates start from 5.35% and 5.54% respectively.
BTL refinance fee-saver products begin from 5.69% for a two-year fixed rate and 5.89% for a five-year fixed rate.
Gemma Donnelly, head of customer propositions at Gatehouse Bank, commented: “We know how important it is for homeowners and landlords to be able to access the home finance products that best suit their needs while offering a competitive rate within the market.
“We are pleased to now be offering a wider range of refinancing options so that customers feel confident that they are choosing the right option for them when they switch.”
