The Nottingham Building Society, whose products are all available through our Direct to Lender Mortgage Club, have announced a product update. Contact our team for information on the how our mortgage club and specialist services could help you and your business. If you want further information directly from the Nottingham then visit their intermediary site.
LARGE LOAN £350K – £750K? – TALK TO US!
We are pleased to announce the launch of our large loan product:
• Up to 80% LTV
• Available for purchase and remortgage
• Minimum loan £350,000
• Maximum loan £750,000
• 1.75% pay rate
• £199 booking fee (upfront) and £800 arrangement fee
(can be added up to but not over 80% LTV)
• A ring-fenced process with access to dedicated underwriters by phone or email
And don’t forget:
• Interest-only up to £500,000 (with suitable repayment vehicle)
• Capital raising allowable
• Self-employed or PAYE income
• 40 year maximum term up to age 75
• Available on new-build
• Properties with large acreage considered
Product launch notification
On Tuesday 16th February 2021 we are launching four new products consisting of 2 and 3 year residential as well as a new large loan mortgage for loan sizes above £350k. We are also extending the end dates on a further seven products.