The Nottingham reduces 75% LTV buy-to-let rates

All products include a free basic valuation and free standard legal fees for remortgages.

The Nottingham reduces 75% LTV buy-to-let rates

The Nottingham has reduced the rates across its 75% loan-to-value (LTV) buy-to-let range.

The move sees 2-year fixes with £999 fees (£299 upfront), now 1.55% (was 1.79%), 5-year fixes with £1,999 fees (£299 upfront), 1.78% (from 1.91%) and 5-year fixes with £99 upfront fee (reduced from £299), now 2.00% (was 2.19%).

Additionally, the 2-year discount with a £99 fee (£0 upfront) is now reduced to 1.65% (from 1.92%) representing a 4.89% discount on the variable mortgage rate of 6.54%.

All products include a free basic valuation and free standard legal fees for remortgages.

Nikki Warren-Dean, The Nottingham’s head of intermediary sales, said: “After recently revamping our residential range we decided to take a close look at our landlord offering.

“We recognise that one size doesn’t always fit all when it comes to the right mortgage option, so are pleased to be able to announce a group of reduced rate products that we are confident offer choice and flexibility.”