The Nottingham has launched two new mortgages aimed at first-time buyers (FTBs).

Available at 95% LTV on two-year fixes, the first charges no fee, comes with £500 cashback and is priced at 2.39%.

The second charges £999 fees and comes at 2.39%.

Each comes with a free valuation.

Nottingham head of mortgage product Christie Cook says: “It’s important to us to do what we can to help FTBs achieve their dreams.

“As a mutual building society that prides itself on helping people onto, and along, the property ladder we aim to keep evolving our products and services – including our focus on our offerings for first-time buyers and those with smaller deposits.”

At the beginning of this year, The Nottingham made a series of cuts to its 80% LTV to 90% LTV products.