The Nottingham unveils 90% product

Jake Carter

July 19, 2021

the nottingham

The Nottingham has launched a 2-year fixed 90% loan-to-value (LTV) product and made further residential rate reductions by up to 65bps.

The fee-free 90% LTV product from The Nottingham, which is available for purchase or remortgage, has been introduced at a rate of 2.75%.

The biggest reduction comes on another 2-year fixed offering – its fee-free 85% LTV product, which is now priced at 2.25% (was 2.90%).

For those looking for a longer fixed option, The Nottingham’s fee-free 5-year 85% LTV mortgage has been reduced to 2.55% from 3.10%.

In the 75% LTV space, its 2-year fixed fee-free product is now 1.70% (was 1.80%) and 2-year fixed with £999 fees (£199 upfront) is down 5bps to 1.60%.

Nikki Warren-Dean, head of intermediary sales at The Nottingham, said: “It’s important that as we continue to reinvent our mortgage offering that we do so with broker views underpinning the positive steps we take.

“Recent feedback around what people are asking brokers for has definitely played a key role in bringing this latest group of products to life and it is a further example of how we pride ourselves on being #BuiltAroundBrokers.”

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