Newcastle Intermediaries is offering a joint mortgage sole proprietor product again.

The lender’s relaunched offering comes as an 80 per cent LTV two-year fix at 2.95 per cent and features a free standard valuation and £500 cashback.

There are no fees on top of this.

The product also allows for 10 per cent overpayments per annum and a regular overpayment allowance of £499 per month. Early repayment charges start at 2 per cent and decrease to 1 per cent.

Customers may borrow from £25,000 to £1m, Newcastle Intermediaries adds.