Dear Intermediary Partner

Here is the latest Intermediary news from The Nottingham.

The Nottingham is working in partnership with self-build experts BuildStore Limited to offer funding solutions to self-builders.

The Society will consider self-builders in England and Wales who are looking to construct a new-build property for residential purposes or convert an existing barn into a home.  Self-builders will be able to borrow up to 65% LTV on the purchase of land, and up to 75% LTV of the final value of the property.

Two products available exclusively via BuildStore include:

  • MZD001 – 2 year discount at a pay rate of 4.39%
  • MZF001 – 2 year fixed-rate of 5.19% until 01.06.2019

The products benefit from:

  • No lender Booking fees
  • No lender Stage Release or Telegraphic Transfer fees
  • No lender re-valuation fees after initial valuation charge
  • No Early Repayment Charges on the discount rate product
  • £1,499 lender Arrangement fee
  • Option for Interest Only during the build (subject to maximum 18 months)

The rest of our product range remains unchanged.

For further information, please contact BuildStore or your BDM.