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Newcastle Lending Policy Changes.

12 December 2016

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Newcastle have made the following changes with immediate effect.

The maximum LTV for New Build flats has increased from 80% to 85%

The maximum lending term has increased from 35 to 40 years

The maximum LTV limit for 95% lending has decreased from £350,000 to £300,000

The maximum age at the end of term for residential mortgages has increased to 80 years

Full details of all their criteria can be found on their website.

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