The lender is withdrawing and launching updated deals, with the changes coming into force at 9am on 11 October.
Brokers who have selected current deals and have submitted a decision in principle (DIP) by this time will have until midnight to submit a full mortgage application.
The lender will bring out four two-year fixed rates and three five-year fixed rates in its acquisition range.
Its two-year fixed rate deals range between 60 and 85 per cent LTV, with pricing ranging from 5.48 per cent at the lower LTV and 5.78 per cent at the higher LTV.
On the five-year fixed rate side, the LTVs range between 75 and 85 per cent LTV with the former priced at 4.98 per cent.
Depending on the product, the deals can come with £300 cashback and can be subject to a £1,499 fee or £999 fee.
The Nottingham is also bringing out four two-year fixed rate retention products and one five-year fixed rate.
The two-year fixed rates range from 75 to 95 per cent LTV with pricing going from 5.65 per cent to 6.65 per cent. The 75 per cent LTV deal is subject to a £999 fee whilst the others are fee-free.
Its five-year fixed rate is 4.89 per cent at 75 per cent LTV with a £999 fee.
Alison Pallett, sales director at Nottingham Building Society, said: “We are excited to introduce these products, which not only offer competitive rates but also demonstrate our commitment to offering choice and meeting the evolving needs of our customers. Whether it’s for those considering remortgages or those exploring Shared Ownership Mortgage Products, we want to do all we can to empower people on their homeownership journeys.”
Newbury BS releases shared ownership deals
Newbury Building Society has brought out a duo of two-year shared ownership fixed rates, following the launch of new three-year fixed rates in September.
The products are application and booking fee-free and are available across England and Wales.
Its two-year fixed rate at 85 per cent LTV is priced at 6.14 per cent and at 95 per cent LTV comes to 6.24 per cent.
Roger Knight, lending manager at Newbury Building Society, said: “These new shared ownership products build on the recent introduction of fixed-rate 85 per cent loan to share (LTS) shared ownership products in the last month. Due to the stabilising swap rates, we are able to reduce the rates for new and existing customers.
“Shared ownership continues to be a popular choice for those wanting to secure their first home in a market where rental demand is currently outstripping supply – we hope these two new additional products will help customers.”
