Newcastle for Intermediaries cuts rates across product transfer range

12 January 2026

Newcastle for Intermediaries has reduced rates across its product transfer range – now starting from 3.69% – strengthening its proposition for brokers supporting existing customers approaching the end of their current deal by allowing switches up to three months before maturity.

The revised range, available from Friday 9th January 2026, includes rates starting from 3.69%, with reductions of up to 0.14% across a variety of fixed-rate terms and LTV bands, up to 95% LTV.

The updated product transfer proposition is designed to give brokers greater flexibility when helping borrowers secure a new deal ahead of maturity. Customers can transfer to a new deal up to three months before the existing product ends.

Francesco Di Pietro, head of intermediary mortgages at Newcastle Building Society, said: “We know how important it is for brokers to be able to offer existing customers competitive options as they approach maturity. Over 70% of our customers with a product maturing this year will see a reduction in rate, so by allowing brokers to switch their clients’ deals three months before maturity, borrowers can start saving straight away, it also means brokers don’t need to wait until maturity to receive their proc fee.

“These rate reductions reinforce our commitment to supporting intermediaries with a strong, easy-to-use product transfer proposition that helps deliver certainty and value for borrowers.”

The lender’s reduced product transfer rates are available through intermediary, branch, direct and online channels. Full details of the revised product transfer range and criteria are available on the Newcastle for Intermediaries website.