Newcastle Intermediaries has introduced a range of five-year, 80% LTV products as part of its buy to let proposition.

Included as part of the updated range is a five-year fixed rate at 5.50% (6.6% APRC) up to 80% LTV, that comes with a 1.50% product fee and allows up to 10% overpayments.

Also available is a five-year fixed rate at 5.15% (6.6% APRC) up to 80% LTV, that comes with a 3% product fee and up to 10% overpayments.

Both products are available for house purchase and re-mortgage and come with early repayment charges of 5% until 28.02.2025, 4% until end of February 2026; 3% until end of February 2027;  2% until end of February 2028 and 1% until end of February 2029.

Newcastle Building Society head of intermediary mortgages Franco Di Pietro says: “We’re always looking for ways in which we can enhance our proposition to support our broker partners.

“In response to their recent feedback on our offering for their landlord clients, in addition to our recent BTL rate reductions, we’re pleased to now offer this additional range of five-year BTL products, providing a greater range of options, coupled with our flexible lending criteria.”