The Nottingham resumes self-build lending

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The Nottingham is reintroducing self-build mortgages as part of its phased product range return

Two 80% LTV products (details below) are available for self-builds, conversions and renovation projects.

The pair are as follows:

  • Two-year fixed, 4.49%, £1,499 fee
  • Two-year discount, 3.99% variable (1.75% less than variable mortgage rate), £1,499 fee

Nikki Warren-Dean, head of intermediary sales at the Nottingham, said: “Bringing back self-build mortgages is the latest stage of our phased product range return, having recently reintroduced 80% LTV residential and 75% buy-to-let mortgages.

“Following the resumption of physical valuations we are also pleased to have added lending on renovations, in response to feedback from brokers and their clients.”

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