The new products include a two-year 5.99%, which requires a 10% deposit from the borrower and is available for house purchases and a 3.95% (APR 5.9%) deal available for a home purchase or remortgage.
The products are available semi-exclusively through Legal & General, Openwork, Your Move, Intrinsic, Positive Solutions and Brilliant Solutions.
These products add to a growing intermediary portfolio for The Newcastle that has seen a range of mortgage products launched in 2010, while strengthening key intermediary relationships.
Steven Marks, Intermediary Services executive, said: “We are keen to support as many first time buyers onto the ladder as possible, while encouraging movement in the housing market for those who already own a home.
“Therefore to launch two products – one of which requires a small 10% deposit while the other more suitable for larger deposits – enables us to build on our successful relationships with key intermediaries, while making our products available to a wide range of people.”
