The lender has also introduced a fee and ERC-free 90% LTV 2-year discount product at 2.58%, representing a 3.16% discount on the variable mortgage rate.
The Nottingham has cut the rate of its 75% loan-to-value (LTV) 2-year fixed limited company buy-to-let (BTL) product to 2.58%, from 2.71%.
Landlords of up to 15 properties will receive a free basic valuation and option to make extra payments of up to 10% each year. There is nothing to pay upfront, and an arrangement fee (£999) is added to the loan.
The lender has also introduced a fee and ERC-free 90% LTV 2-year discount product at 2.58%, representing a 3.16% discount on the variable mortgage rate.
In addition to this, it has reduced the price of its fee-free 95% LTV 5-year fixed mortgage to 2.93%, from 2.95%. All the lender’s residential mortgages are available for mortgages and remortgages.
Christie Cook,, head of mortgage product at The Nottingham, said: “We review our entire range on an ongoing basis and are delighted to be announcing a rate reduction to what is an already popular Limited Company buy-to-let product.
“Alongside the recent unveiling of our new 95% LTV residential products, including a cash-back mortgage, this is further evidence of our dedication to helping everyone fulfil their prop-erty aims, whether first-time buyers or portfolio landlords.”
