The mutual said the three-year fixed products were introduced in response to broker feedback. 

The products are available at 75 per cent loan to value (LTV) with £300 cashback and at 90 per cent LTV. The range is open to people purchasing or remortgaging. 

The Nottingham has added cashback to select residential products and people who are remortgaging can opt for free legal services. 

Elsewhere, the mutual has cut residential five-year fixed rates by up to 0.2 per cent and added fee-free deals at 75 per cent LTV and 85 per cent LTV. The five-year fix at 90 per cent LTV now comes with a £300 cashback incentive. 

The Nottingham has also reduced rates on five-year fixes for buy-to-let borrowers by as much as 0.1 per cent. 

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Additionally, a limited company product has been added with a lower fee of £999. 

 

Nottingham: ‘Ongoing uncertainties in the market’

Alison Pallett (pictured), sales director at Nottingham Building Society, said: “We are excited to introduce these new mortgage products and enhancements, which have been carefully crafted to address the evolving needs of our customers and the ongoing uncertainties in the mortgage market.

“These innovations have been developed based on ongoing feedback and conversations with brokers, as we highly value brokers’ insights and expertise.  

“With competitive rates, cashback options, and a commitment to flexibility, we are dedicated to helping individuals and families achieve their homeownership goals.”