Nottingham Building Society Mortgage Lender Overview

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Nottingham Building Society

Nottingham Building Society Ė UK Mortgage Lender

The Nottingham Building Society was founded in 1849, led by Samuel Fox, a leading Quaker. It has continued to expand since that date, particularly during the 1970s. In 1983, the Nottingham Building Society launched the UKís first electronic home banking service as a joint venture with BT, using its Prestel electronic information system. It is the 17th largest building society in the UK.

The society has 33 branches, located in Nottinghamshire, Derbyshire, Lincolnshire and South Yorkshire.

Mortgage Products

Fixed Rate Mortgages: 5 year fixed rate mortgages and remortgages.

Discounted Mortgages: 3 year and 5 year discounted rate mortgages and remortgages.

Tracker Mortgages: 3 year base rate tracker mortgages and remortgages.

Standard Variable Rate Mortgage: a variable rate mortgage where monthly repayments go up and down in line with the lenderís base rate.

Buy to Let Mortgages: 5 year fixed rate, 2 year and 3 year base rate tracker mortgages and remortgages.

A mutual building society that not only offers the standard advantages of passing profits back to its members but also has a wide product range to make customers lives as simple as possible. The mortgages that are available include fixed rate mortgages, variable rate mortgages and discounted mortgages. There are also buy to let mortgages and commercial mortgages for business clients.

There is also an estate agency attached to the Nottingham Building Society which can be used either with the mortgage options or independently.

Products and services are available across the whole of England and Wales but the estate agency only covers the Nottingham area.

Website: www.thenottingham.com

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Typical Interest Payments

First Time Buyers

2.89%

Purchased Fixed

2.89%

Discounted Rate

2.99%

Buy To Let

2.99%

Commercial

3%

 

 

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