The Nottingham for Intermediaries has announced the introduction of a new limited company buy-to-let (BTL) range.
The move incorporates reduced rates as well as new offerings.
The lender’s two-year 65% LTV ERC-free discount product has been reduced to 3.10% – 3.44% off The Nottingham’s Variable Mortgage Rate – from 4.00%. The Nottingham also confirmed that its existing group of two and five-year fixed Limited Company BTL mortgages have also seen rate reductions of between 10 and 25 bps, with its 75% LTV five-year fixed product now 3.40%, having been cut from 3.65%.
Furthermore, the society has added more choice for landlords in the form of new 75% LTV two-year fixed products priced at 3.20% with fees and 3.60% without fees respectively.
“We have an ongoing dedication to ensuring we offer good options and competitive products that appeal to landlords with up to 15 properties,” The Nottingham head of intermediary sales, Nikki Warren-Dean, commented.
“This new product range is aimed at supporting them in achieving their portfolio growth and the latest step in our commitment to growing and evolving our range to ensure we have great choice for brokers and their clients across all of our products.”
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