The Nottingham introduces new 2-year fixed mortgage range with cashback options

Nottingham Building Society has today introduced a new range of two-year fixed residential mortgages.

Amy Loddington
3rd May 2022
Nottingham

All products are available at 80% LTV or higher and several of them - including at 85% and 95% LTV - have cashback.

The products start at 2.65% for the 80% product with no cashback up to 3.16% for the 95% LTV with £500 cashback.

The Nottingham also recently announced that people applying for mortgages with them will no longer have a hard footprint left on their credit file at the application and decision in principle stage.

All of the two-year fixed mortgages offer a free basic valuation and are portable. Paid legal fees are available for remortgage customers, with cashback products available on purchase only.

The Nottingham’s Head of Mortgage Product, Christie Cook, said:

“We’ve unveiled a range of higher LTV products we hope will appeal to people with smaller deposits."

“It’s well documented how tough it is right now for first-time buyers, as well as many others, to achieve their property aims and ambitions so as a lender we are keen to ensure we continue to bring competitive products like these to market."

“We also know that following the pandemic many people are re-evaluating their situations and looking to remortgage onto cheaper deals whilst they consider their future options, which is another reason for us to remain agile with our mortgages offering.”

 

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