I’m encouraged to see the market looking at favourable rates for the higher bracket LTV deals.
Newcastle are offering a rate of 2.94% on a 2-year fixed mortgage to 80% LTV. There is an £800 completion fee and £195 reservation fee. The amount borrowed must be at least £10k, up to a maximum of £1m (although the completion fee changes over £500k).
If you would prefer to pay no fees, there is a free-to-arrange 2-year mortgage which also includes a free standard evaluation (for properties up to and including £500k) and free legal fees (or £300 cashback). This one has a fixed rate of 3.47% and again is up to 80% loan-to-value.