New higher LTV rates from The Nottingham
Nottingham Building Society betters some of its higher LTV rates and because of this is pleased to announce the launch of five new Branch/Direct Exclusive mortgage products available from 9am on Monday 31 December 2012.
(Please note that all the new products have an upfront Booking Fee of £199 (non-refundable) and an Arrangement Fee of £100 (added to the loan at completion, subject to max LTV). 1 free basic valuation applies and free legal fees for remortgages when using Society’s solicitor.
2 x First Time Buyer Only 95% LTV Fixed Rates
· 3 year, 5.69% (was 5.79%) fixed until 01/03/2016
o £199 upfront Booking Fee
o £100 Arrangement Fee
o Free basic valuation
o Purchase Only, First Time Buyers Only, Trading Area Only, Branch/Direct Only
· 5 year, 5.79% (was 5.89%) fixed until 01/03/2018
o £199 upfront Booking Fee
o £100 Arrangement Fee
o Free basic valuation
o Purchase Only, First Time Buyers Only, Trading Area Only. Branch/Direct Only
2 x 90% LTV Fixed Rates
· 3 year, 4.49% (was 4.79%) fixed until 01/03/2016
o £199 upfront Booking Fee
o £100 Arrangement Fee
o Purchases and Remortgages
o Free basic valuation
o Free legals for Remortgages
o Branch/Direct Only.
· 5 year, 4.59% (was 4.74%) fixed until 01/03/2018
o £199 upfront Booking Fee
o £100 Arrangement Fee
o Purchases and Remortgages
o Free basic valuation
o Free legals for Remortgages
o Branch/Direct Only.
1 x 90% LTV Discounted Rate
· 3 year, 3.99% (2.00% discount off SVR) (was 4.29%, 1.70% discount)
o £199 upfront Booking Fee
o £100 Arrangement Fee
o Purchases and Remortgages
o Free basic valuation
o Free legals for Remortgages
o NO ERCs
o Branch/Direct Only.
