Newcastle Intermediaries has launched a self-employed two-year fixed rate at 2.20 per cent.
The loan is available up to 60 per cent LTV, has no reservation or completion fees and has a free standard valuation.
It allows increased overpayment facilities of 10 per cent of the balance per year.
For those self-employed for fewer than two years, Newcastle will assess cases individually.
The firm will do this by requesting one year’s accounts, an SA3012 form or a completed accountant’s certificate.
Newcastle Intermediaries head of mortgage distribution Steve Carruthers says: “We appreciate that one size doesn’t fit all and it can be difficult to find a lender that truly understands the needs of self-employed clients, especially in the early stages of their self-employment journey.”