Nottingham Building Society has launched a new range of mortgage products and enhancements, including rate reductions and the introduction more fee and loan-to-value (LTV) options.
As part of these enhancements, the society is reducing its 2-year, 3-year and 5-year fixed rates by up to 0.54%, in a bid to make homeownership more accessible.
It has also introduced 10 new products across various LTV ratios.
In addition, Nottingham’s variable discounted rate range has been enhanced with the introduction of 75% & 90% LTV tiers, with the aim of providing more options for borrowers in the residential market.
Rates on the 80% discounted products have also been reduced by up to 0.15% and RIO product rates have seen reductions of up to 0.11%.
Alison Pallett (pictured), sales director at Nottingham Building Society, said: “We’re proud to introduce a new range of products to assist individuals in realising their dream of homeownership, catering to both those looking to move and those seeking to re-mortgage.
“We have been working hard to deliver enhancements to our criteria alongside our incredibly strong stance on affordability.”
