The Nottingham Building Society launches new 65% LTV mortgage product

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The Nottingham is pleased to announce the launch of a new residential product with effect from 9am, Monday 20th May 2013. The new mortgage comes with a free valuation for both purchase and re-mortgages, whilst free legals apply to re-mortgages only.

Nottingham Building Society Logo

Nottingham Building Society

Key points

  •     New lower LTV mortgage
  •     Available via Branch/Direct/Selected Intermediaries
  •     Available for purchase and re-mortgage
  •     Free basic property valuation
  •     Free legals for re-mortgages
  •     £199 upfront Booking fee (non-refundable)
  •     £800 Arrangement fee (added to the loan on completion)

New Product Details

NEW 2 year 2.29% fixed until 01/08/15, 65% LTV, £199 Booking fee, £800 Arrangement fee

Rachel Kolebuk, Senior Mortgage Product Manager at The Nottingham, said, “We expect this new lower LTV product will be attractive to second time purchasers as well as those looking to re-mortgage and move to a lower rate. We continually look to refresh our mortgages right across our product spectrum and this new product will be available nationally across England and Wales through all sales channels, namely branch, direct and selected intermediaries.”

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Peter Stanhope
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