The Nottingham has re-entered the 85 per cent loan to value (LTV) space for borrowers who are purchasing or remortgaging as of today.
It has launched two five-year fixed products, a remortgage-only deal at 2.95 per cent and a purchase and remortgage product at 3.1 per cent. Both mortgages have no upfront fees, have a free basic valuation. Free legals are offered to remortgage borrowers.
Nikki Warren-Dean (pictured), head of intermediary sales, said: “It’s great that we have returned to 85 per cent LTV, brokers can now benefit from this new LTV twinned with our service levels.
“We are hoping this move contributes to a more positive year for those looking to get themselves onto the property ladder, to move along it or stay where they are but in a more affordable way.
“What has been important has been to get to the place where we are today in a phased and measured way. There can be no doubting last year was extremely challenging for everyone, but hopefully we can play our part in 2021 being a lot more positive in the mortgage space.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
