The Nottingham is reintroducing self-build mortgages as part of its phased product range return
Two 80% LTV products (details below) are available for self-builds, conversions and renovation projects.
The pair are as follows:
- Two-year fixed, 4.49%, £1,499 fee
- Two-year discount, 3.99% variable (1.75% less than variable mortgage rate), £1,499 fee
Nikki Warren-Dean, head of intermediary sales at the Nottingham, said: “Bringing back self-build mortgages is the latest stage of our phased product range return, having recently reintroduced 80% LTV residential and 75% buy-to-let mortgages.
“Following the resumption of physical valuations we are also pleased to have added lending on renovations, in response to feedback from brokers and their clients.”