You are here: Home - News -

Newcastle BS expands self-employed mortgage range to Help to Buy and buy-to-let

  • 28/03/2018
  • 0
Newcastle BS expands self-employed mortgage range to Help to Buy and buy-to-let
Newcastle Intermediaries has introduced Help to Buy and buy-to-let mortgages for self-employed clients.

The lender said its range was designed to help clients who are newly self-employed.

It added that it had seen positive uptake of its existing range for those who have been trading for up to two years and have a full set of year one accounts.

New range

The Help to Buy range features a pair of two-year fixed rate products at 75% loan-to-value (LTV).

A fee-free option at 2.55% comes with a free valuation and £500 cashback, while one with an £800 completion fee and £199 reservation fee payable up front is available at 2.05%.

Both products allow overpayments of up to 10% per year with an early repayment charge of 2% until 31 May 2019 and 1% until 31 May 2020.

The buy-to-let range includes a two-year fixed rate at 2.99% at a maximum LTV of 75% with no fees, free valuation and £500 cashback.

Again, 10% overpayments per year are permitted with an early repayment charge of 2% until 31 May 2019 and 1% until 31 May 2020.

Newcastle Intermediaries’ head of mortgage distribution Steve Carruthers said: “Following on from the success of the launch of our self-employed product range and feedback from brokers outlining the growing need for support in this market, we’re delighted to expand into the Help to Buy and buy-to-let markets.

“These products will help a wide range of borrowers including first-time and next-time buyers.”

There are 0 Comment(s)

Comments are closed.

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
Exclusive: Loughborough BS relaunches into broker market

The Loughborough Building Society has relaunched into the mortgage broker market with a dedicated intermediary proposition.