Nottingham Building Society has launched a range of residential and buy-to-let products.
The mutual adds a first-time buyer loan, which allows buyers to get on the property ladder with a smaller deposit of 10% of the property price — and is 14 basis points lower than its previous product.
It introduces a five-year fixed-rate BTL option with a £999 fee, adding that its landlord fees have been dropped by up to £1,500 across selected deals.
The firm also launches a selection of limited company BTL mortgages, and says rates among these options have been cut while fees have been reduced.
Nottingham Building Society sales director Alison Pallett adds: “We are always looking to update our products to reflect the needs of today’s home buyer.
“We’re confident that these new products will help a range of people across the spectrum of borrowers – from first-time buyers to landlords – as they navigate a complex housing and economic landscape.”
