Nottingham Building Society has made new rate reductions and amends to its product aimed at foreign nationals and returning ex-pats, as well as its residential products.
These include rate reductions of up to 0.10% on its 5-year fixed foreign national and returning ex-pat mortgage products, the introduction of 85% LTV tier rates for foreign nationals and rate reductions of up to 0.23% on residential acquisition products.
Alison Pallett, sales director at Nottingham Building Society, said: “The decision to reduce rates reflects our ongoing dedication to meet the evolving needs of brokers and borrowers alike.
“We understand the diverse challenges faced by our customers, whether they are returning expats looking to establish a home back in the UK, skilled workers from abroad seeking to build a career and invest in their future, or UK residents navigating the complex home ownership journey.
“We recognise this is a fast-moving market and these tweaks reflect our desire to ensure that brokers and borrowers continue to have a range of options to secure the mortgages they need. We remain committed to further developing our portfolio of products as the market continues to evolve.”
