Nottingham Building Society has launched a new exclusive mortgage range for network First Complete.
The new range includes twelve residential and four buy-to-let products with reduced rates and fees and is available to purchase and remortgage customers. The range will be rolled out to a limited number of other distributors in the coming weeks, on a semi-exclusive basis.
The residential range includes two, three and four year fixed rates which start at 2.19 per cent for LTV products ranging from 65 per cent to 90 per cent. All products have booking fees starting at £100 with application fees starting at £199.
A four-year fixed rate residential product is available up to 75 per cent LTV at 2.99 per cent with a a £199 booking fee and £300 application fee. The three-year fixed up to 80 per cent loan-to-value is offered at 2.99 per cent with £100 booking fee and £199 application fee, while a two-year fixed at the same LTV is priced at 2.79 per cent with no application fee. A 90 per cent LTV two-year fixed rate is available at 4.19 per cent – it has a £199 booking fee and £800 application fee.
For buy-to-let customers looking to purchase or remortgage, a two-year fixed is offered at 3.49 per cent up to 75 per cent LTV with a £499 booking fee and application fee of £1500.
A three-year product is offered up to 75 per cent LTV at 3.79 per cent with the same fees though a lower-fee option is available at 3.99 per cent with booking and application fee of £299 and £1200 respectively.
First Complete sales operations director Toni Smith says: “With the upturn in the mortgage-market and more people looking to purchase or remortgage it is important that we are providing our representatives with enough choice to help as many clients as possible.”
Nottingham Building Society head of intermediary sales Chris Parker says: “Through our relationship with First Complete we are continually looking at ways we can improve our offering. The latest range offers a new level flexibility with reduced fees and increased number of alternatives for residential and buy-to-let customers.”