Related topic: Tracker

The launch forms part of a wider refresh of Newcastle for Intermediaries' core residential range.

Rates have reduced by up to 41bps across the lender's core, LTI Boost, Fee Assist, Extra, Right to Buy and shared ownership ranges.

The products have been introduced both to the lender’s standard buy-to-let range and to its products for large MUFBs.

The lender has also scrapped ERCs across the range and introduced a dedicated large MUFB range.

The lender has reduced rates by up to 0.25% across selected purchase, remortgage and product transfer options.

The feature enables existing customers to switch to an available Paragon fixed rate switch product during the tracker term without incurring ERCs.

The new three-year tracker product is available for MUFBs with seven or more units.

Rates start from BBR plus 1.00%.

The Society has also reintroduced five-year fixed rate HMO products for UK and expat landlords.

New products include fee-assisted 70% LTV options and an expanded tracker range.