The Nottingham cuts limited company BTL rates

The largest reduction seen was the 2-year fixed mortgage with no upfront fees (£999 arrangement fee added to product) cut to 2.71% from 2.90%.

The Nottingham cuts limited company BTL rates

The Nottingham has reduced rates across its range of fixed-rate 75% loan-to-value (LTV) limited company buy-to-let (BTL) products.

The largest reduction seen was the 2-year fixed mortgage with no upfront fees (£999 arrangement fee added to product) cut to 2.71% from 2.90%.

The other 75% LTV limited company BTL price changes are the 2-year fixed with no fees cut to 3.10% from 3.15% and the 5-year fix with no fees, reduced to 3.30% from 3.40%.

The portable 2- and 5-year fixed mortgages, available to landlords with portfolios of up to 15 properties, come with a free basic valuation and descending early repayment charges (ERCs).

Nikki Warren-Dean, head of intermediary sales at The Nottingham, said: "Landlords play a key role in providing homes for people not ready or able to buy, so we are delighted to announce these limited company buy-to-let rate reductions.

“As a lender it’s important we keep all products under constant review and to always listen to broker feedback, so that we continue to evolve a product range offering competitively priced mortgages and choice.”

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