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Nottingham BS adds 12 new resi products, includes sub-5% loans 

Nottingham Building Society has launched a suite of a dozen residential mortgage products, including a sub-5% home loan. 

Highlights of the mutual’s new offers include: 

  • Sub-5% five-year mortgages that “give borrowers the option of long-term certainty, despite volatile interest rates” 
  • New 60% loan-to-value two-year products “which offer the option of holding a higher amount of equity in their homes – particularly useful for borrowers considering our new sale of mortgage property as a repayment vehicle, on an interest-only mortgage” 
  • Two- and five-year products “designed to offer borrowers attractive terms and flexibility, and will be particularly attractive to those looking to remortgage” 

Nottingham Building Society sales director Alison Pallett says the launch, “not only offers competitive rates, but also demonstrates our commitment to offering choice and meeting the evolving needs of our customers.  

“Whether it’s for those considering remortgages, or those exploring shared ownership mortgage products, we want to do all we can to empower people on their homeownership journeys.” 

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