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)
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.
Judi Hancock
South East
Postcodes:
SO, PO, GU, RH, BN, TN, ME, CT, SS, CM, CO, BR, DA, CB, IP, RM
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
Linzi Stafford
Telephone
Postcodes:
HP, SL, AL, WD, HA, UB, TW, KT, CR, SM, EN, IG, E, EC, W, N, NW, SE, SW, WC
Kam Gill
Midlands
Postcodes:
TF, ST, DE, NG, LN, WV, WS, DY, WR, B, CV, LE, NN, PE, NR, SY
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
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.