The Nottingham unveils new product

Jessica Nangle

October 23, 2019

The Nottingham has introduced a new product and rate reductions to its range of 5-year fixed mortgages.

The new offering is a 95% LTV product at a rate of 2.75% and comes with no upfront or arrangement fees.

It also comes with a free basic valuation and free standard legal fees for remortgages.

The Nottingham’s other 5-year fixed products have all seen interest rates reduced by up to 0.25%.

Key highlights include a 75% LTV at 1.70% with an £800 arrangement fee and a 80% LTV at 2.00% with no fees.

Nikki Warren-Dean (pictured), head of intermediary sales for The Nottingham for Intermediaries, said: “We know many people look to lock into mortgage or remortgage deals for a longer period than the traditional two or three years, so have launched a new range.

“In addition to that we are really pleased to have been able to reduce rates across the rest of our five-year fixed rate range.”

Sign up to our daily email