Some of them offer cashback or smaller deposits
The Nottingham Building Society has announced a new range of five-year fixed mortgages, available at 90% and 95% LTV, with cashback options (purchase only) included.
The lender previously included booking and arrangement fees on some 90% and 95% LTV five-year fixed mortgages, however the new products are fee-free.
At 90% LTV, the rates are 2.79% without cashback and 2.89% with a £500 cashback. At 95% LTV, the rates are 2.98% without cashback and 3.05% with a £300 cashback.
Just a week ago, Nottingham introduced new two-year residential mortgages.
Read more: Nottingham announces new two-year fixed residential range.
“We are quickly following that up with a refreshed five-year fixed offering,” Christie Cook (pictured), head of mortgage product at Nottingham Building Society, said.
“It’s important that, as well as having competitive rates, we offer good choice for people, whatever their property aims. To that end, we are delighted to launch a product range that provides options for those looking to fix rates for five years,” Cook continued.
