The Nottingham unveils new BTL mortgage products

The new product — launched this week — offers advantages for a broad spectrum of borrowers against a volatile economic backdrop.

BTL fees have been dropped by up to £1,500, and a brand new five-year fixed BTL option has been launched at £999.

The latest introduction is an update to limited company BTL products where rates and fees have both been reduced.

Alison Pallett, sales director at the Nottingham, said: “We are always looking to update our products to reflect the needs of today’s home buyer.

“We’re confident that these new products will help a range of people across the spectrum of borrowers as they navigate a complex housing and economic landscape.”