Newcastle Building Society : 10 Year Mortgage Deal Available at 3.29%

Published date: 22 January 2016

Newcastle Building Society has launched a 10 year mortgage deal at a 'highly competitive rate', according to Moneyfacts

The deal is available at a fixed rate of 3.29% (APR 4.2%) up to a maximum Loan to Value of 80% and comes fees free*, which can help borrowers make some upfront home move savings. The product is Early Repayment Charge free after five years too.

Charlotte Nelson, Finance Expert from Moneyfacts.co.uk said:'With rumours constantly circling about the timing of a base rate rise, uncertain borrowers are starting to look for extra security from their mortgage deal, something this 3.29% 10-year fixed rate mortgage from Newcastle Building Society certainly supplies.

'Not only does this deal boast a highly competitive rate, but borrowers will also be able to benefit from the peace of mind that a 10-year fixed mortgage gives. Unusually, this deal also allows borrowers to redeem their mortgage early if desired, which gives it some welcome flexibility. This deal is therefore likely to be a popular and cost-effective choice for borrowers.'

For further information on the product please visit www.newcastle.co.uk

Product Information

3.29 % (APR 4.2%) Fixed Rate until 30th April 2026 followed by our Standard Variable Rate for the remainder of the term, currently 5.99%.

• *No Reservation or Completion Fees
• *Free Legal Fees( on re-mortgages and house purchases)
• Free Standard Valuation
• Max LTV 80%
• Min Loan Amount £10,000
• Max Loan Amount £1,000,000
• 3% Early Repayment Charges until 30.04.2021

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE