fbpx

The Nottingham unveils limited company BTL products

Jessica Nangle

February 26, 2020

The Nottingham for Intermediaries has built on its buy-to-let (BTL) proposition with the introduction of a range of limited company BTL mortgages.

Its headline products are a 2-year fixed at 2.76%, which comes with £999 fee and a minimum loan of £30,000 and a 2-year fixed at 2.79% which comes with a fee of 0.50% of the mortgage amount and a minimum loan of £70,000.

The new products are all at 75% LTV and include a 0.55% broker proc fee on completion of applications and free property valuation.

Nikki Warren-Dean (pictured), head of intermediary sales at The Nottingham, said: “Judging from the conversations we’ve been having with our broker network, many landlords are considering structuring their portfolios on a limited company basis, if they haven’t already, so it’s important we offer competitively priced products to suit their needs and that build on our expertise in the BTL space.

“However, it isn’t just about the right product – there will be ease of use for brokers, who will benefit from exactly the same process as they do when applying for residential or individual buy-to-let mortgages via our broker portal system.

“They will also receive our usual quality service that includes their own regional business development manager and direct access to underwriters.”

This comes after the Nottingham recently returned to the 75% LTV buy-to-let mortgage market.


Sign up to our daily email