Return of self-build mortgages at The Nottingham

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The building society’s return to the self-build market will see two 80% loan-to-value (LTV) products become available once more for self-builds, conversions and renovation projects.

A two-year fixed rate deal will offer a rate of 4.49% with a £1,499 fee and there is also a two-year discount with a 3.99% variable rate and a £1,499 fee.

Nikki Warren-Dean, Head of Intermediary Sales at The Nottingham, said: “Bringing back self-build mortgages is the latest stage of our phased product range return, having recently reintroduced 80% LTV residential and 75% buy-to-let mortgages.

“Following the resumption of physical valuations we are also pleased to have added lending on renovations, in response to feedback from brokers and their clients.”