Newcastle Intermediaries has added a new Help to Buy remortgage product up to 95% LTV available for borrowers who would like to repay the government equity loan by remortgaging.

It is available on a two year fixed rate at 3.55% (4.0%APRC) up to 95% LTV and includes £1,000 cashback.

A  two-year fixed rate mortgage at 2.19% (3.7%APRC) or a five year fixed rate at 2.49% (3.5%APRC) are also available to first-time buyers. Both are available with £500 cashback and up to 75% LTV to a maximum of £450,000; regional caps apply.

All the products have no product fees to pay and come with free standard valuation, with 10% overpayments per year possible, in addition to the £499 regular monthly overpayments already permitted.

Newcastle head of intermediary mortgages Franco Di Pietro says: “We’re delighted to introduce new products to our Help to Buy range to support the strong demand we continue to see in this market. These products provide a competitive and flexible offering to support first time buyers onto the property ladder alongside those with an existing Help to Buy mortgage now moving onto the next stage and looking to re-mortgage.”