The Nottingham returns to self-build lending
The Nottingham reintroduced its self-build mortgage range today, offering two 80% LTV products.
Self-builders can take out a 2-year fix at 4.49% or a 2-year discount variable at 3.99%, both with a £1,499 fee.
Nikki Warren-Dean, head of intermediary sales at The Nottingham, said: “Bringing back self-build mortgages is the latest stage of our phased product range return, having recently reintroduced 80% LTV residential and 75% buy-to-let mortgages.
“Following the resumption of physical valuations we are also pleased to have added lending on renovations, in response to feedback from brokers and their clients.”