The Nottingham: Product changes – 6th January 2017
Dear Intermediary Partner
Here is the latest Intermediary news from The Nottingham.
Product changes
We are reducing the rates on five of our residential products and launching a new 95% LTV residential product. These changes will take effect from 9am on Friday 6th January 2017.
Residential:
75% LTV
2 year fixed until 01/04/2019; 1.75% pay rate; £199 booking fee; no arrangement fee
3 year fixed until 01/02/2020; 1.95% pay rate; £199 booking fee; no arrangement fee
5 year fixed until 01/02/2022; 2.09% pay rate; £199 booking fee; £800 arrangement fee
5 year fixed until 01/02/2022; 2.30% pay rate; no booking fee; no arrangement fee
80% LTV
2 year fixed until 01/04/2019; 1.85% pay rate; no booking fee; no arrangement fee
95% LTV
2 year fixed until 01/04/2019; 3.79% pay rate; no booking fee; no arrangement fee
Product withdrawals
We are withdrawing the following products at 8am on Friday 6th January 2017:
MF0455, MF0419, MF040Y, MF040Z & MF0457.
The rest of our product range remains unchanged.
You will not be able to obtain a new KFI or AIP on the withdrawn products after 8am on Friday 6th January 2017. For online pipeline cases, an AIP successful or AIP refer will need to be converted to a FMA by 5pm on Monday 9th January 2017.
Using a Satnav?
Please use postcode: B93 0NN to locate the office when visiting.
Testimonials
Like the friendly can do approach, keep it up!
Michael McGuiness, Adviser
My experience with TRM so far has been excellent I can’t tell you how much you guys have lifted me since March. The positive approach shown by everyone to get the business on and to get the commission paid is up lifting. What a breath of fresh air, great Network and fantastic positive attitude.
Andrew Smith, Adviser
You are a wake up call to this market and a revelation compared to my previous network.