Nomo has reduced its property finance 5-year fixed profit rate to 4.99%.
This decrease of half a percentage point is available for residents in Bahrain, Saudi Arabia, Kuwait, Qatar, and the UAE seeking to buy properties in England and Wales.
The rate applies to both refinancing and financing for residential and buy-to-let properties.
Layla Hamidian, head of property finance sales and servicing at Nomo, said: “As 2025 begins in earnest, we’re thrilled to make this competitive rate available to potential customers.
“At 4.99% fixed for 5-years, Nomo is truly leading the way in the property finance market.”
Hamidian added: “Offering customers well-priced financing, enabling them to access the globally recognised UK property market is why we do what we do; the demand is undoubtedly there.
“Ahead of April’s Stamp Duty changes, we expect a flurry of market activity in the first three months of the year.”
