The new products include a 2.66 per cent rate at 90 per cent loan to value (LTV) with £1,000 cashback, as well as a 3.18 per cent and 2.25 per cent deals at 95 per cent and 85 per cent LTV respectively, both with £500 cashback.
Cashback mortgages offer a potential solution to people needing money in the early days after buying a new property, the lender said.
This may be used for legal fees, renovations, furniture or other expenses.
Nikki Warren-Dean, head of intermediary sales at The Nottingham for Intermediaries, said the launch followed the feedback from its network of brokers.
She said: “Buying a property can be an expensive exercise, so for some people these products are a big help. Cashback mortgages aren’t just suitable for first-time buyers, however they are popular with many of them due to the associated costs of purchasing a home.
She added the lender was “delighted this offering will provide another leg-up onto, or along, the property ladder for many.”
