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Mortgage News

The Nottingham launches fee-free five-year fixes

Shekina Tuahene
Written By:
Posted:
May 10, 2022
Updated:
May 10, 2022

The Nottingham has refreshed its five-year fixed range with the launch of high loan to value (LTV) deals.

 

This follows the addition of two-year fixes above 80 per cent LTV earlier this month. 

The five-year fixes are available at 90 and 95 per cent LTV. Cashback options are purchase only and all four deals are fee-free.

The 90 per cent LTV product comes with a 2.79 per cent rate, and there’s a £500 cashback option with a rate of 2.89 per cent. 

At 95 per cent LTV, there are two products, one with with a rate of 2.98 per cent, and one with £300 cashback at a rate of 3.05 per cent.

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Christie Cook, head of mortgage products at The Nottingham, said: “A week ago we introduced new two-year residential mortgages and are quickly following that up with a refreshed five-year fixed offering. 

“It’s important that as well as having competitive rates we offer good choice for people, whatever their property aims. To that end we are delighted to launch a product range that provides options for those looking to fix rates for five years.”