Newcastle offers semi-exclusive deal at 90% LTV

Newcastle Building Society has launched a semi-exclusive 90% LTV deal at 5.99%.

The two-year fixed rate comes with a £195 reservation fee and a £499 completion fee.

It has also launched a 3.95% fixed rate deal at 80% LTV, which also has a £195 reservation fee and a £800 completion fee.

The products are available on a semi-exclusive arrangement through Legal & General, Openwork, Your Move, Intrinsic, Positive Solutions and Brilliant Solutions.

Steven Marks, intermediary services executive at Newcastle, says: “To launch two products – one of which requires a 10% deposit while the other is more suitable for larger deposits – enables us to build on our relationships with key intermediaries, while making our products available to a wide range of people.”