The Newcastle Building Society and The Mortgage Works have recently announced a reduction in their high loan-to-value (LTV) and switcher mortgage rates. This is great news for those looking to purchase a property or remortgage their existing one.
The Newcastle Building Society has reduced its LTV mortgage rates from 3.99% to 3.59%. This is a significant reduction, making it easier for those with a smaller deposit to purchase a property. The Mortgage Works has also reduced its LTV mortgage rates from 4.19% to 3.89%. This is also a significant reduction, making it easier for those with a smaller deposit to purchase a property.
The Newcastle Building Society and The Mortgage Works have also reduced their switcher mortgage rates. The Newcastle Building Society has reduced its switcher mortgage rates from 3.99% to 3.79%. This is great news for those looking to remortgage their existing property. The Mortgage Works has also reduced its switcher mortgage rates from 4.19% to 3.99%. This is also great news for those looking to remortgage their existing property.
Overall, the reductions in the high loan-to-value and switcher mortgage rates by the Newcastle Building Society and The Mortgage Works are great news for those looking to purchase or remortgage a property. These reductions make it easier for those with a smaller deposit to purchase a property, and make it more affordable for those looking to remortgage their existing property.