Nottingham Building Society today announced the launch of 12 new and improved residential mortgage products aimed at providing customers with greater choice and competitive rates.
The new mortgage offerings include competitive 2- and 5-year residential mortgage products designed to offer attractive terms and flexibility, particularly for those looking to remortgage.
A sub-5% 5-year residential mortgage is also part of the new suite. Additionally, a 60% loan-to-value (LTV) 2-year residential mortgage product has been introduced, offering borrowers the option to hold a higher amount of equity in their homes.
This is particularly useful for those considering the society’s new sale of mortgage property (SOMP) option as a repayment vehicle on an interest-only mortgage.
Alison Pallett (pictured), sales director at Nottingham Building Society, said: “We are excited to introduce these products, which not only offer competitive rates but also demonstrate 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.”
