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We’ve reduced our Large Loan product rates

Date Published: 22 March 2024

Read time: 2 minutes

We've lowered rates by up to 0.15% across our Large Loan products. 

  • Two-year fixed rate products from 5.15% (APRC 6.8%) at 65% LTV for loans ranging from £1,501,000 - £3,000,000 
  • Five-year fixed rate products from 4.75% (APRC 6.2%) at 65% LTV for loans ranging from £1,501,001- £3,000,000 

Powered by Partnership - Helping you support clients with complex needs 

Our Large Loan proposition is tailored to meet your clients complex mortgage needs. We offer products up to 80% LTV (subject to loan limits), support lending up to £3 million and offer flexible criteria to accommodate a range of circumstances. Additionally, our underwriting team are experienced in supporting clients with high incomes, complex income sources and unique property needs.  

Product highlights:  

  • Flexibility to choose between interest-only or repayment options 
  • Part and part up to 80% LTV, interest only up to 75% LTV, or sale of property up to 60% LTV with minimum equity on completion of £150,000 (£250,000 in London and South East regions) 
  • Enhanced income multiples of up to 5.5x for loans ranging from £500,001 to £1,500,000 and 5.25x for loans between £1,500,001 and £3,000,000 
  • Acceptance of up to 100% bonus, commission, or overtime income (subject to underwriter discretion) 

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Meet your BDM

Here to support you

Available across the UK, your dedicated Business Development Manager (BDM) is ready to give expert advice on your product, criteria, or application questions.

Headshot of Judy, Newcastle for Intermediaries BDM

Judi Hancock

South East

Postcodes:

SO, PO, GU, RH, BN, TN, ME, CT, SS, CM, CO, BR, DA, CB, IP, RM

Headshot of Steven, Newcastle for Intermediaries BDM

Stephen Breen

North West and M62 Corridor

Postcodes:

FY, LA, PR, BD, BB, L, WN, BL, OL, HX, M, WA, CH, CW, SK, S, DN, HU, HD, LL

Headshot of Linzi, Newcastle for Intermediaries BDM

Linzi Stafford

Telephone

Postcodes:

HP, SL, AL, WD, HA, UB, TW, KT, CR, SM, EN, IG, E, EC, W, N, NW, SE, SW, WC

Headshot of Kam, Newcastle for Intermediaries BDM

Kam Gill

Midlands

Postcodes:

TF, ST, DE, NG, LN, WV, WS, DY, WR, B, CV, LE, NN, PE, NR, SY

Headshot of Andy, Newcastle for Intermediaries BDM

Andy White

South West and Home Counties

Postcodes:

TA, BS, CF, BA, GL, SN, OX, RG, MK, LU, SG, BH, SP, NP, SA, LD, HR, DT, EX, TQ, PL, TR

Headshot of Sophie, Newcastle for Intermediaries BDM

Sophie Goodwin

North East and Scotland

Postcodes:

SR, TS, DD, G, FK, KY, KA, ML, EH, DG, TD, CA, NE, DL, DH, HG, YO, LS, WF, KW, IV, PH, AB, PA

Contact our dedicated Intermediary Support Team on 0345 602 2338 or intermediary.lending@newcastle.co.uk. We're available from 8am to 6pm, Monday to Friday.