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

Conveyancing Transformation
Adam Cadle talks to ULS technology CEO Jesper With-Fogstrup about making home moving a pleasant experience


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.