The Nottingham for Intermediaries has launched a new range of limited company buy-to-let mortgages.
Highlights include a two-year fixed rate at 2.76%, with a £999 fee and a two-year fixed at 2.79%, with a fee of 0.5% of the mortgage amount.
The new products, designed to help landlords who have limited company status for their portfolios, are all available at 75% loan-to-value and include a 0.55% broker proc fee on completion of applications and free property valuation.
Nikki Warren-Dean, head of intermediary sales at The Nottingham, commented: “Judging from the conversations we’ve been having with our broker network, many landlords are considering structuring their portfolios on a limited company basis, if they haven’t already, so it’s important we offer competitively priced products to suit their needs and that build on our expertise in the BTL space.
“However, it isn’t just about the right product - there will be ease of use for brokers, who will benefit from exactly the same process as they do when applying for residential or individual buy-to-let mortgages via our broker portal system. They will also receive our usual quality service that includes their own regional Business Development Manager and direct access to underwriters.”