Nottingham launches two B2L discount mortgages

The two mortgages are discounted from the society’s buy-to-let variable rate by 3.55% and 2.95% respectively.

Both products incur a £499 fee, £299 booking fee and £200 arrangement fee on completion.

Chris Parker, head of intermediary sales at The Nottingham, said: “These mortgages are a great proposition for customers, whether looking to add to a property portfolio, venture into the world of buy-to-let for the first time or to remortgage an existing property.

“The rates and fees are very competitive and there’s the added bonus of a free basic property valuation and conveyancing for those remortgaging, as well as a flexibility that we know many customers like in being able to make as many overpayments as they want to.”

Products come with a free basic valuation, free legals for remortgages and no early repayment charges, while customers can also make unlimited overpayments.