Newcastle Intermediaries has revised its range of mortgages available exclusively for self employed borrowers who have been trading for two years and under.
The two year fixed rate products include free valuations (on properties up to and including £500,000) and are available through all of its key account distributors.
An individual case assessment is applied, with either one year’s accounts or an SA302 form requested, not both.
Steve Carruthers, Head of Mortgage Distribution at Newcastle Intermediaries, stated: “We understand that it can still be difficult to find a lender that understands the needs of self employed clients, especially those still in the early stages.
“This new range with lower rates further supports these individuals.”