The Nottingham has revamped its limited company buy-to-let (BTL) range by reducing rates as well as launching new products.
Their 2-year 65% loan-to-value (LTV) ERC-free discount product (with £299 upfront fees, £499 total) has been reduced to 3.10% (3.44% off The Nottingham’s Variable Mortgage Rate) from 4.00%.
The Society’s existing group of two and 5-year fixed limited company BTL mortgages have all seen rate reductions of between 0.10% and 0.25%, with its 75% LTV 5-year fixed (£999 fees) product now 3.40% (was 3.65%).
It has also added a duo of new 75% LTV 2-year fixed products priced at 3.20% (£999 fees) and 3.60% (no fees) respectively.
Nikki Warren-Dean (pictured), The Nottingham’s head of intermediary sales, said: “We have an ongoing dedication to ensuring we offer good options and competitive products that appeal to landlords with up to 15 properties.
“This new product range is aimed at supporting them in achieving their portfolio growth and the latest step in our commitment to growing and evolving our range to ensure we have great choice for brokers and their clients across all of our products.”