News : First time buyers' club

There was no mortgage stress with Nottingham Mortgage Services when Denise and David visited our Bulwell branch to find a rental property and left with a mortgage.

Buying your first home can seem daunting but we’re here to help with a selection of handy guides and nine steps to take in order to get you onto the property ladder!

We've teamed up with Matthew Spade to delve into the latest first time buyer trends. Contact us for expert and simple mortgage or savings advice.

As of 8th July 2020 residential buyers do not have to pay Stamp Duty Land Tax (SDLT), the tax you pay when you buy a house, unless the house you're buying is worth more than £500,000. This is in force until 31st March 2021 when previous SDLT rules will apply where only first time buyers are exempt from this tax up to £500,000 or other buyers purchasing houses under £125,000.

Being mortgage free later in life is a big aim for many homeowners. Clearing your mortgage could mean lower overheads each month and more disposable income. Plus, it could save you a lot of money in interest payments over the years.

Relationship break-ups are never easy, especially when there is property involved, as Margaret Stone found out during her recent divorce.

Recently single customer, Jenny, realised she could buck the Millennial house buying trend and buy on her own, thanks to the help and support of her local branch.

First time buyers Anna and Dan recently moved into a detached home in Matlock, using a 25% deposit made up of savings they had built up in Help To Buy: ISAs, twinned with a Help To Buy scheme loan.

Natalie and Marc Sawkins had a grand start to 2020 when they collected a £1,000 cheque from The Nottingham.

Five things to bear in mind if you are self-employed and looking for a mortgage.