Nottingham For Intermediaries has launched a range of 60% loan-to-value fixed-rate residential offers and will lift selected products by up to 10 basis points.  

Highlights of the changes made by the broker-only arm of Nottingham Building Society include:  

Two-year deals  

Residential purchases at 60% LTV at 5.39%, with a £999 fee  

Residential purchases at 95% LTV at 6.65%, without a fee  

Buy-to-let purchases 75% LTV at 6.09%, with a £999 fee  

Three-year deals  

Residential purchases at 75% LTV at 5.35%, with a £999 fee  

Five-year deals  

Residential purchases at 60% LTV at 4.99%, with a £999 fee  

BTL purchases at 95% LTV at 6.69%, with a £999 fee  

The move comes after the Bank of England’s Monetary Policy Committee held the base rate at 5.25% yesterday, as it did in September.  

Although the rate sits at a 15-year high, lenders are betting that the BoE is at the end of its rate-raising cycle, which has seen it lift the base rate 14 times since December 2021 from a historic low of 0.1%.