The Nottingham Building Society has introduced a new larger lending mortgage aimed at those looking to borrow over £350,000.
The two-year fixed 80% LTV product is priced at 1.85% and comes with £999 fees (£199 upfront).
The building society has also added to its range with a no-fee 75% LTV remortgage-only option fixed at 1.70% for two years. The Nottingham has also cut the rate of its no-fee two-year fixed 80% LTV remortgage-only offering to 2.05% (from 2.15%).
There are further rate reductions on the following products;
- Three-year fixed 80% LTV with no fees now 2.30% (was 2.60%)
- Three-year fixed 85% LTV with no fees now 2.70% (was 2.90%)
- Five-year fixed 90% LTV with £999 fees (£0 upfront) now 3.30% (was 3.45%)
- Five-year fixed 90% LTV with no fees now 3.60% (was 3.70%)
Nikki Warren-Dean, head of intermediary sales, said: “We continue to evolve and are really happy that the latest product additions include a larger loan offering and another remortgage-only option.
“We’re also pleased to have been able to make rate reductions to our three and five-year fixed rate residential mortgages, as we continue to build a competitive range that gives choice to people whatever their property goals and circumstances.”
