The Nottingham will introduce a two-year fixed rate 90 per cent loan to value (LTV) product and cut rates on certain residential products by up to 0.65 per cent.
The fee-free product, which is available from today, has a rate of 2.75 per cent and can taken out for purchase or remortgage.
The mutual is also cutting rates by up to 0.65 per cent on several residential products between 75 and 85 per cent LTV.
The biggest rate reduction was its fee-free two-year fixed rate 85 per cent LTV product which has been reduced by 0.65 per cent to 2.25 per cent.
Its fee-free five-year fixed rate at 85 per cent LTV has gone from 3.1 per cent to 2.55 per cent.
On the 75 per cent LTV side, its two-year fixed rate fee-free product has decreased by 0.1 per cent to 1.7 per cent. Its two-year fixed rate at 75 per cent LTV with a £999 fee has gone down 0.05 per cent to 1.6 per cent.
The Nottingham has also removed its three and ten-year fixed products as the popularity for other mortgage products has increased.
The Nottingham’s head of intermediary sales Nikki Warren-Dean (pictured) said: “It’s important that as we continue to reinvent our mortgage offering that we do so with broker views underpinning the positive steps we take.
“Recent feedback around what people are asking brokers for has definitely played a key role in bringing this latest group of products to life.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
