Newcastle launches new fixed-rate mortgage deals

Newcastle Building Society has announced the launch of three new best buy fixed-rate mortgage deals on three and five and ten year terms, with competitive rates starting at 5.95%.

Key product details:

Three year best buy mortgage
6.05% Fixed Rate until 30.09.2011 (London and Country)
£999 Completion Fee
£99 Reservation Fee
Max LTV 75%

Five year best buy mortgage
5.95% Fixed Rate until 30.09.2013 (moneysupermarket.com)
£1399 Completion fee
£99 Reservation fee
Max LTV 75%

Ten year best buy mortgage
5.95% Fixed Rate until 30.09.2018 (moneysupermarket.com)
£999 Completion fee
£99 Reservation fee
Max LTV 75%

These products are offered on loans between £15,000 and £500,000. (Loans over £500,000 are subject to prior agreement). Early repayment charges apply at 3% of the outstanding balance for the fixed rate term.

Steven Marks, Lending and Operations Executive, commented: "We are delighted to announce the launch of the Society's new mortgage product offering. With a plethora of best buy deals available, borrowers have a healthy selection of products to choose from, especially in such difficult market conditions."

For more information, visit newcastle.co.uk