10 April 2017
From today, Monday 10 April, Nottingham are making some changes to their Buy to Let lending policy.
Rental Income Coverage
Any full mortgage applications from today must have a rental income cover of at least 150% of the interest part of the mortgage payment. They will still calculate this at 4.00% on an interest only basis.
Buy to Let Product Range
Straight like-for-like remortgage only:
Purchase & remortgage: