Mortgages  

The Nottingham launches 65% LTV buy-to-let products

The Nottingham launches 65% LTV buy-to-let products
 Credit: Jason Alden/Bloomberg

The Nottingham has introduced four limited company buy-to-let products at 65 per cent loan-to-value.

The two- and five-year fixed mortgages are offered with a free valuation.

The two-year products are priced at 3.1 per cent with a £999 fee and 3.4 per cent with no fees.

The five-year offerings are priced at 3.3 per cent with a fee of £999 and at 3.5 per cent with no fee.

The Nottingham’s head of intermediary sales, Nikki Warren-Dean, said: “We’re pleased to introduce such competitive products to landlords who want to put down bigger deposits.

“We aim to keep developing our mortgage products so they provide choice and cater for all, which fits with The Nottingham’s ethos of helping as many people as possible have a roof over their heads.”

The Nottingham returned to the mortgage market in November after withdrawing its product range for two months last year.

It had withdrawn its mortgage product range in September in order to manage service levels after receiving an “unprecedented” level of applications.

Ruth Gillbe is a freelance reporter for FTAdviser