Nottingham BS reduces buy-to-let rate - Buy To Let - News - Moneyfacts


Nottingham BS reduces buy-to-let rate

Nottingham BS reduces buy-to-let rate

Category: Buy To Let

Updated: 11/01/2013
First Published: 11/01/2013

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Nottingham Building Society has lowered the rates on its range of buy-to-let fixed rate mortgages by up to 0.34%.

The basics…

Most notable is the two-year fixed rate mortgage, which now offers a competitive 3.65% to 1.3.15 to investors with deposits of 25% or more.

The finer details….

This deal has a maximum loan-to-value of 75% and customers can borrow a minimum of £30,000. A fee of £1,999 is payable, of which £499 must be paid upfront.

Why we like it….

Purchase borrowers can take advantage of free valuation fees, whilst remortgage customers are offered free legal fees.

This competitive two-year product sits comfortably amongst the market leaders in the fixed-rate buy-to-let market.

Four out of five Moneyfacts stars have been awarded.

What next?

Compare 2 year fixed BTL mortgages
Compare BTL mortgages for new landlords
Speak to a BTL mortgage adviser

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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