The Nottingham returns mortgage LTVs to 80%

25 May 2020 | General

The Nottingham Building Society has reverted its maximum LTVs back to 80% for residential mortgages.

The society said it would look to raise buy-to-let LTVs as soon as possible.

Nikki Warren-Dean, head of intermediary sales at The Nottingham, said: “This is the latest step in our phased return to adding lower deposit products to our portfolio.

“Re-introducing 80% LTV mortgages is significant in getting back to where we want to be.

“We are also pleased to confirm that physical valuations also resumed last week.”

Physical property valuations have been resumed.

This post has originally been featured in Property Wire.