Nottingham BS launches new products and reduces rates Mortgage Strategy

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Nottingham Building Society is launching of a range of new mortgage products and enhancements.

The society is introducing three-year fixed residential products for first-time buyers and remortgagers at 75% LTV and 90% LTV (both with £300 cashback).

It is also reducing residential five-year fixed rates by up to 0.20% and five-year fixed buy-to-let (BTL) products by 0.10%.

The society says the introduction of two new products at 75% and 85% LTV, both without fees, opens doors for a wider range of buyers.

All five-year fixed products have had their end dates refreshed to 31 December.

In addition, the society is now offering cashback on selected residential products, while customers opting for remortgages can benefit from optional free legal services.

Nottingham Building Society sales director Alison Pallett says: “We are excited to introduce these new mortgage products and enhancements, which have been carefully crafted to address the evolving needs of our customers and the ongoing uncertainties in the mortgage market.

“These innovations have been developed based on ongoing feedback and conversations with brokers, as we highly value brokers’ insights and expertise.

“With competitive rates, cashback options, and a commitment to flexibility, we are dedicated to helping individuals and families achieve their homeownership goals.”


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