Who are Nottingham Building Society?
At Nottingham Building Society, we’re on an exciting journey to make it easier for people with different or complex circumstances to own their own home.
Who we are and what we do
Join us on a mission to make homeownership a reality for people with different or tricky finances. We want you to love working with us. That means user-friendly systems, top-notch communication and new tech that keeps a personal touch.
Unlocking homeownership
We find new ways to help people get into their dream homes – even if they're struggling.
Embracing differences
Every borrower is unique. We focus on understanding those differences and lending where others hesitate.
Partnering with the best
To hit these goals, we've teamed up with some of the sharpest minds in fintech. They're transforming how we work and who we can lend to.
A fresh new look
If you've noticed we look a little different, that's because we are different. Our new brand celebrates our 175-year-old history with a modern twist. By championing financial diversity, we're redefining mutuals to reflect today's Britain.
Key benefits
- One free basic valuation and a subsidised homebuyers report
- Free legal fees for remortgages (standard legal fees only) excluding limited company buy-to-let
- Full procuration fee paid on porting applications
- All mortgage offers valid for six months
- Latest trading figures considered for self-employed applicants
Products
- Residential
- Strong affordability, including max LTI of 5.5x
- Interest only up to 80% LTV (60% for sale of mortgaged property)
- Foreign nationals
- No minimum time of residency required in the UK
- No UK credit history needed – through our data partner we can access overseas credit files from 13 different countries
- Retirement interest only
- Up to 60% LTV
- Purchase and remortgage
- Buy-to-let
- No minimum personal income requirement
- Non-current owner occupier
- Limited co BTL
- New landlord and new SPV accepted
- Flexible deposit and concessionary purchase accepted
Proc Fees
| Product | Gross | Net | Gross Min | |
|---|---|---|---|---|
| Residential | 0.40% | 0.38% | £200 | |
| BTL | 0.40% | 0.38% | £200 | |
| Limited Company BTL | 0.55% | 0.50% | £200 | |
| Product Transfers (Residential and BTL) | 0.30% | 0.28% | ||
| Limited Company BTL and RIO Product Transfers | 0.35% | 0.325% | ||
| RIO | 0.50% | 0.48% | £200 | |
| Foreign National & Returning Expats | 0.50% | 0.48% | £200 |
Links
- Nottingham Building Society website
- Register
- Residential criteria
- Buy-to-let criteria
- Useful forms
- Find your BDM
How to Register
Registering for the first time:
Click here to register online and then complete the form on the right of the page, ensuring that you list Paradigm Mortgage Services as one of your mortgage clubs. To register you will need to agree to their terms and conditions, enter your details and set up your username and password. They will confirm registration within 48 hours of submission.Add Paradigm as payment route:
Re-register online listing Paradigm as a payment route option.
THIS SITE IS FOR PROFESSIONAL INTERMEDIARY USE ONLY AND NOT FOR USE BY THE GENERAL PUBLIC.
Useful Links
Paradigm Mortgage Services LLP
Office address: 1310 Solihull Parkway, Birmingham Business Park, Birmingham B37 7YB
Registered in England and Wales. Company No: OC323403. Registered Office: Paradigm House, Brooke Court, Lower Meadow Road, Wilmslow, SK9 3ND
Paradigm Mortgage Services LLP is a Limited Liability Partnership.