• Discounted Rate Mortgages, girl smiling

    Discounted Rate Mortgages

    With The Nottingham Discounted Rate Mortgages, you can manage your money with a discount off our standard variable rate (SVR) for a set term from the start of your mortgage. If the SVR changes so will the rate you pay – although the amount of discount you get will stay the same during the set term.

  • Key mortgage information

    YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

    2 Year Discount

    80% LTV

    • 3% Early Repayment Charge applies during the discount rate period
    • £999 arrangement fee, including £199 upfront booking fee
    • Valuation fees apply
    • Purchase only

    		2.10% discount off SVR for two years Then changing to our standard variable rate (SVR) for the rest of the mortgage term The overall cost for comparison is

    3.89%

    5.99%

    6.00% APR
    Enquire online Branch finder

    2 Year Discount

    80% LTV

    • 3% Early Repayment Charge applies during the discount rate period
    • £999 arrangement fee, including £199 upfront booking fee
    • Free valuation
    • Free legal fees for remortgages
    • Remortgage only 

    		 2.00% discount off SVR for two years Then changing to our standard variable rate (SVR) for the rest of the mortgage term The overall cost for comparison is

    3.99%

    5.99%

    6.00% APR
    Enquire online Branch finder

    Made with you in mind

    • Free basic mortgage valuation  (where applicable)
      You don’t have to find the money to pay the usual cost of a valuation with your application which lets you apply quickly to secure your dream home
    • Free Legal Fees for Remortgages
      You can save on the legal costs of moving your mortgage to The Nottingham by using the Society’s nominated solicitor**
    • No Higher Lending Charges
      Makes moving in more affordable as there are no HLC charges payable by borrowers up to 90% LTV
    • Up to 3.75 times your income for either single or joint applicants
      To make sure that you don’t overstretch yourself the actual amount we will lend depends on what we think is a realistic amount for you to repay each month based on your outgoings and other commitments
    • Make extra one-off payments from your loan without incurring any Early Repayment Charges
      (as long as you don’t pay off more than 10% of the original loan in a year*) so that you can pay down your mortgage quicker if you get a windfall or receive a bonus at work

    *In each 12-month period from the start date of the product term to the end of the ERC (early repayment period)
    **Terms and conditions apply.

    We’re here for you

    We know that you’ll have questions about changing your mortgage or moving home, so we're here to help with any concerns. Just pop into one of our many local branches throughout Nottinghamshire, Lincolnshire, Derbyshire and South Yorkshire and talk to one of our mortgage advisers. Find your nearest branch

    Finding your new home

    If you’re planning on moving home, then The Nottingham's estate agency can help you find your perfect property. We are one of the largest in the region with hundreds of homes for sale across Nottinghamshire and Lincolnshire, and our expert teams are waiting to help you get your dream home at the price you're looking for.

    Find out more about searching for your new home

    Help for the future

    We don’t stop once you’ve found your perfect home. We’re also here to help with:

    • Conveyancing. We have strong relationships with local solicitors who offer professional services for both buyers and sellers at excellent rates
    • Protection for you and your loved ones – providing security for you in the event of an emergency or if your circumstances change
    • Home insurance. Take a look at our competitive building and contents insurance by getting an on-line quote or visiting your local branch

      Find out more about home insurance
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE