Newcastle boosts access to broker deals

Newcastle Building Society has extended its limited broker product range to include mortgage advisers with national IFA firm Positive Solutions.

The products include a two-year fixed-rate deal for purchase at 6.25% available up to a maximum 90% LTV, and a five-year fixed-rate deal for purchases and remortgages at 5.39% at up to 80% LTV.

Paul Rignall, mortgage manager at Positive Solutions, says: “Being one of only a select number of distributors to have access to these products demonstrates how seriously lenders are taking our mortgage proposition and it also recognises the quality of the business our advisers produce.

“It’s great to be working with the Newcastle to bring these high LTV products to the IFA market.”

Steven Marks, intermediary services executive at the Newcastle, says: “We are delighted to be growing our Intermediary business.

“It is also great to work with Positive Solutions to help their IFAs gain access to our highly competitive set of products that we are certain will prove popular with their clients.”