Newcastle Intermediaries has revised its range of mortgages available exclusively for self-employed borrowers.
The two year fixed rate products offer competitive interest rates from 2.1%, free valuations on properties up to and including £500,000, and are designed to support the recently self-employed.
The range follows a policy revision from the lender in 2016 as part of a commitment to making the mortgage application process easier.
An individual case assessment is now applied, with just one year’s accounts, an SA302 form or a completed accountant’s certificate is required.
Self-employed products from Newcastle Intermediaries are available through the following clubs and networks: Sesame, Openwork, L&G, Mortgage Advice Bureau, Intrinsic, First Complete, Pink Network, The Mortgage Alliance, Premier Mortgage Services, SimplyBiz Mortgages, Brilliant Solutions and Tenet.
Steve Carruthers, head of mortgage distribution at Newcastle Intermediaries, said: “We’re continuing to provide much needed support to a growing group of self-employed individuals with the launch of this revised range of mortgages.
“We appreciate that one size doesn’t fit all and it can be difficult to find a lender that truly understands the needs of self-employed clients. That’s why our policy aims to make the application process much easier.”
While getting a mortgage if you are self-employed can be more difficult – there are options out there. You can find out more about self-employed mortgages here.
