Nottingham For Intermediaries (A review)

By HuutiMoney
Page last updated: 05/10/2022 | Next review date: 05/10/2024
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We discuss Nottingham for intermediaries. If you are a broker looking to make an application or a borrower looking to gauge how this lender works then this guide is for you.

Nottingham For Intermediaries

Nottingham For Intermediaries is the intermediary arm of the Nottingham building society which serves the broker market.

The Nottingham building society has been around for more than 165 years. It is located in the midlands and serves England and Wales with its range of lending products.

The Nottingham for intermediaries is able to provide great customer service and a range of competitive products to brokers looking to place business for their clients.

You can view the current procuration fees here.

You can register to join here.

The Nottingham for intermediaries focuses on building long term relationships in order to help your business succeed and grow. 

There are numerous experienced business development managers who will assist you in order for you to raise the productivity of your business and whatever other needs you may have. 

If you are unsure about registering with the Nottingham for intermediaries then you should speak to your local business development manager who may be able to explain what the Nottingham for intermediaries offer.

The underwriters at the Nottingham for intermediaries are also very experienced and are able to deal with difficult cases over the phone or over email. They are devoted to getting you to the “mortgage offer” stage. They will help and guide you through the mortgage application process and assist you through to mortgage completion.

In addition to providing direct access to experts they also have a dedicated website where online decisions in principle (DIPs) can be obtained, mortgage applications made and Offers downloaded.

What are their key features

Some of the key features of the Nottingham for intermediaries is that they offer comprehensive support through their very experienced business development managers. 

They also have a dedicated group of support workers who you can each on the phone isn’t as little as 2 minutes.  They will be there to assist you throughout any stage of your mortgage application.

There is also an online mortgage portal which you can use the affordability calculator, submit AIPs or FMAs, carry out KFIs, upload documents and track cases through to downloading Offers.

Nottingham for intermediaries also offer  instant access to the underwriters who are accessing your case. This means difficult applications could be supported.

Products available from the Nottingham for intermediaries

  • Professional Landlords accepted (with unlimited portfolios)
  • Full Proc fee paid on ported cases, all products portable
  • Range of no ERC products both on residential and BTL
  • Only £35 fee for switching a product after offer
  • 95% residential purchase and remortgage (including FTBs)
  • 90% New Build houses (incentives considered)
  • 80% Interest Only (with a suitable repayment vehicle)
  • Self-Build
  • Let to Buy
  • Free valuations on all residential and BTL products

Packaging (standard packaging documents when submitting a case)

  • 3 months’ bank statements
  • 3 months’ pay slips
  • 3 years proof of self-employment (SA302’s and TYO’s or accountants reference)
  • Proof of ID
  • Broker Declaration Form
  • Client Declaration Form
  • Direct Debit Mandate
  • Asset and Liabilities Statement (BTL only)

Contacting the Nottingham for intermediaries

Call 0344 481 0029 or email mortgage.desk@thenottingham.com

“INTERMEDIARY HELP LINE 0344 481 2010

The intermediary support team are available from 9.00am to 5.00pm, Monday to Friday.  

If you need some assistance with registration, if the lending criteria pages do not answer your query, or if you require help or assistance with our affordability calculator, online trading service and application manager/document upload please call us on 0344 481 2010.

CASE UPDATES

For updates on the progress of an application, please refer to either ‘case tracking’ on the online trading service or the application manager summary page.

If this does not provide the information you require please ring the help line. Please do not ring your BDM for case updates.

All calls to 0344 numbers cost the same as national call rates to 01 or 02 numbers. They are normally included in bundled minutes and unlimited fixed and mobile call packages in the same way as regular landline numbers.

CONTACT YOUR LOCAL BUSINESS DEVELOPMENT MANAGER

If you have a new business enquiry you need to discuss in detail, contact your Business Development Manager (BDM). Use the postcode checker below to find your closest BDM.”

Below are some relevant links for the Nottingham for intermediaries.

  • Residential and Buy to Let
  •  Residential criteria
  •  Buy to Let criteria
  •  Self build mortgages
  •  Fees and charges – new borrowers
  •  Legal conveyancing service
  •  Resi/BTL proc fees
  •  Self build proc fees
  •  RIO criteria
  • Commercial
  •  Commercial criteria
  •  Commercial mortgage application process
  •  Development finance
  •  Fees and charges
  •  Commercial proc fees

If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.

You can also contact the debt charity “Step Change” if you are in debt and need help.