Nottingham Building Society has launched four new buy-to-let mortgages.
There are further reductions for its two and three-year buy-to-let fixed rates at 75% LTV and the addition of lower fee options.
All four deals come with a free valuation for both purchase and re-mortgages, whilst free legals apply to re-mortgages.
The deals are as follows:
- Two-year, 3.49% (was 3.65%) fixed to 01/07/15, 75% LTV, £499 booking fee (paid upfront and non-refundable), £1,500 Arrangement fee (paid on completion)
- Two-year, 3.85% (lower fee option) fixed to 01/07/15, 75% LTV, £299 booking fee (paid upfront and non-refundable), £1,200 Arrangement fee (paid on completion)
- Three-year, 3.79% (was 3.98%) fixed to 01/07/16, 75% LTV, £499 booking fee (paid upfront and non-refundable), £1,500 Arrangement fee (paid on completion)
- Three-year, 3.99% (lower fee option) fixed to 01/05/16, 75% LTV, £299 booking fee (paid upfront and non-refundable), £1,200 Arrangement fee (paid on completion)
Rachel Kolebuk, mortgage product manager at The Nottingham, said: “Our improved buy-to-let products will give additional support to an already strong private-rented housing sector.
“These products complement our continued support for first time buyers through our 90% and 95% LTV first time buyer deals.
“We recognise that while we continue to help many people who still aspire to get on the housing ladder we also provide support for those who choose to rent by providing competitive products for new and existing landlords.”
