Newcastle Intermediaries has made cuts of up to 79 basis points on its 90% LTV and 95% LTV five-year fixes.

Highlights include the lender’s 90% LTV product now being priced at 4.80% and its 95% LTV loan now coming to 5.25%.

Both of the above products are available for purchase and remortgage, including a free standard valuation on properties worth up to £500,000, and charge zero fees.

They also incorporate a 5% early repayment charge until the end of July 2024, progressively reducing to 1% at the end of July 2028.

Earlier this month, Newcastle Intermediaries cut rates across its large loan range and introduced discounted variable rates on products at up to 80% LTV.