Nottingham grows commercial range

Ariane Buteux

January 28, 2008

The products are available up to 75 per cent LTV for owner-occupied properties and up to 60 per cent for portfolio investments.

Gary Burrows, the Nottingham’s commercial lending manager said choice was a key priority.

He said: “In my experience, offering a good product is only half of the battle. Our ability to be able to move quickly once an intermediary partner, and their client, registers an interest with us is just as important.”

The society has a typical 21 working day turnaround for a commercial deal, with applications approved within 24 hours of receipt subjecy to valuation.

The society’s commercial offering typically caters for businesses seeking to borrow between £50,000 and £1 million, with robust interest from the small business community of Nottinghamshire, Derbyshire, Lincolnshire and South Yorkshire.

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