MortgagesSep 29 2014

Building society launches fixed rate residential trio

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Nottingham Building Society has launched three limited issue residential fixed-rate mortgages today (29 September).

The society has a a 2-year fixed-rate product at 85 per cent loan-to-value at 2.89 per cent, with no arrangement fee, a 5-year fixed-rate at 85 per cent LTV at 3.75 per cent, which has an £800 arrangement fee, and another 5-year fixed-rate product at 85 per cent at 3.84 per cent which does not have an arrangement fee.

All three have a £199 non-refundable booking fee.

The Nottingham offers free basic valuation for purchases and re-mortgages, as well as a free legal pack for remortgages.

Chris Parker, head of intermediary sales at the firm, said: “These products offer very competitive rates and may be withdrawn at short notice. As a result, I would recommend that intermediaries submit any applications without delay.”