Nottingham Building Society Remortgage Rates 2026

Full 2026 rate card for Nottingham BS

Nottingham BS operates a four-band residential remortgage card: 60%, 75%, 85% and 90% LTV. At 60% LTV the 2-year fixed is 4.29% (£999 fee) or 4.49% (fee-free); the 5-year fixed is 4.24% or 4.44%. At 75% LTV, pricing is 4.39%/4.59% (2-year) and 4.34%/4.54% (5-year). At 85% LTV, 2-year fixes are 4.59%/4.79% and 5-year fixes are 4.49%/4.69%. At 90% LTV — Nottingham's top residential tier — 2-year fixes are 4.99% and 5-year fixes are 4.84% with the £999 fee. Nottingham BS does not offer residential remortgage beyond 90% LTV in the standard range. Trackers run at Base +0.95% (5.20% today). Specialist products: expat remortgage starts at 4.74% (75% LTV, £1,495 fee, minimum loan £150,000), holiday let remortgage from 4.89% (70% LTV, £1,495 fee), and Nottingham BS also offers a 'Family Assist' remortgage variant where a family member's savings act as security to help borrowers at higher LTV.

Expat lending: Nottingham's signature niche

Nottingham Building Society is one of only 4–5 UK mutuals to actively lend on UK residential remortgages for British citizens living and working abroad. Most high-street banks either decline expat cases entirely or restrict to a very short list of 'safe' countries. Nottingham BS lends to expats in most OECD countries plus a defined list of approved Middle Eastern and Asian jurisdictions (typically UAE, Singapore, Hong Kong, Australia, Canada, US, New Zealand and EU member states). The core expat remortgage product sits at 4.74% for 2-year fixes and 4.99% for 5-year fixes at 75% LTV, with a £1,495 fee. Minimum loan is £150,000 and maximum LTV is typically 75% (occasionally 80% in strong cases). Income is assessed in the applicant's earnings currency with a conservative haircut — typically 70% of foreign income is considered for affordability to account for FX risk. Nottingham BS will also lend to expats whose property is currently tenanted on a consent-to-let basis, rather than forcing a switch to BTL — a big advantage over competitors who require residential-to-BTL conversion the moment you move abroad. Documentation is more intensive (employment letter, last 3 months' payslips in original currency, 6 months' bank statements, residency visa) but the end product is a true residential remortgage rather than a BTL or specialist product.

Holiday lets and unusual property types

Nottingham BS's holiday-let proposition is built on projected short-let income (Airbnb, Sykes, Holiday Cottages) rather than long-let rental yield. Rates start at 4.89% on 2-year fixes at 70% LTV with a £1,495 fee. Minimum loan is £75,000. The property must be capable of being let on a short-let basis — Nottingham doesn't require existing short-let history but will stress-test projected income at 125% interest coverage. On unusual property types, Nottingham BS is more flexible than most mainstream lenders. Ex-council flats above 4 storeys, timber-frame houses post-1970, properties above commercial premises (subject to type of business), and flats with cladding (subject to EWS1 acceptance) are all considered. Nottingham BS will also lend on 'concrete construction' homes with a positive engineer's report — rarely possible with Halifax or Nationwide. What Nottingham BS won't do: Grade I listed, thatched properties (generally declined, unlike Principality), properties with visible structural defects, or properties with fewer than 25 square metres of habitable floor space.

Fees, costs and a true-cost calculation

Nottingham BS's arrangement fee is £999 on standard residential and £1,495 on expat and holiday-let products. CHAPS fee is £35, no exit fee. Free standard valuation is included on most residential remortgages via the Nottingham BS surveyor panel. Free basic legal work is included on standard cases via Connells Group — the same panel as Leeds BS. Overpayment allowance is 10% per calendar year. Early repayment charges follow standard 5/4/3/2/1 pattern on 5-year fixes. Porting is allowed. On a standard £200,000 residential remortgage at 60% LTV over 5 years, Nottingham BS's 4.24% rate with £999 fee and free legals/valuation is approximately £53,000 total cost — £600 more than Halifax. For an expat equivalent at 4.99% with £1,495 fee, the total 5-year cost on £200k is around £57,500 — but this is compared against essentially nothing on the mainstream high street. Expat borrowers don't choose Nottingham BS because it's cheap; they choose it because it's usually the only viable residential option.

Who should pick Nottingham BS in 2026?

Nottingham BS is the right remortgage lender if: you're a British citizen living and working abroad and need UK residential remortgage, you want a holiday-let remortgage (particularly with no existing short-let history), your property has unusual construction or is ex-council flat above 4 storeys, or you're using the Family Assist product to reach a higher LTV band. Nottingham BS is not the right lender if: your case is vanilla residential with clean income and standard property (Halifax, Nationwide, HSBC will beat it on rate by 0.10–0.20%), you're self-employed with only 1 year of accounts (Skipton or Metro are more flexible), or you want a 10-year fixed deal (Nottingham maxes at 5 years). Bottom line for 2026: Nottingham BS is essential on any broker shortlist for expat, holiday-let or unusual-property cases. For mainstream residential remortgages, it's a solid middle-tier choice — but if there's nothing special about your case, the cheaper rates elsewhere usually win. The 0.10–0.15% premium is the cost of specialist capability you'd otherwise struggle to access.