The Nottingham revamps limited company proposition

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The Nottingham Building Society has unveiled a new limited company buy-to-let range.

The new offering consists of reduced rates and new deals.

The two-year 65% 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 building society’s existing group of two and five-year fixed limited company buy-to-let mortgages have all seen rate reductions of between 10 and 25 bps, with its 75% LTV five-year fixed (£999 fees) product now 3.40% (was 3.65%).

Meanwhile, it has also added new 75% LTV two-year fixed products priced at 3.20% (£999 fees) and 3.60% (no fees) respectively.

Nikki Warren-Dean, 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.”

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