The Nottingham cuts rates for both first-time buyers and landlords

The Nottingham has announced several rate reductions set to benefit brokers with first-time buyer and smaller deposit clients, as well as landlords.

As part of the changes aimed at first-time buyers, the building society’s no-fee five-year fixed 95% LTV mortgage product has been cut from 3.20% to 2.95%.

At the the other end of the scale and those with property portfolios, The Nottingham has also cut rates on its two-year fixed 75% LTV limited company buy-to-let offerings. The society’s £999 fee version has been lowered to 2.90%, down from 3.00%, while its fee-free product is down from 3.40%, to 3.15%

Commenting on the updates, head of intermediary sales at The Nottingham, Nikki Warren-Dean, said: “As part of our ongoing reinvention of our mortgage products we continue to keep a keen eye on the marketplace so we can offer choice via a range of competitive products.

“These rate reductions show we are committed, as a mutual building society, to helping put roofs over heads – be that first-time buyers or people with smaller deposits, or those whose situations mean renting is the right option for them.”

    Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.


Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.

In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.

The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.