The Nottingham has added to its residential mortgages with the re-introduction of 95% loan-to-value (LTV) lending.

The building society has unveiled a 5-year fix at 4.10% with no fees, and has introduced a group of discount products for those with larger deposits, as well as an 80% LTV 2-year fixed remortgage option.

Nikki Warren-Dean, head of intermediary sales at The Nottingham, said: “A year on from last lending at 95% LTV we are pleased to have this product available, and hope it appeals to first-time buyers with a lower deposit looking to get on the property ladder.

“We’re expecting this product to be popular so our message to brokers is to submit well packaged cases to us as soon as possible.

“No matter who the lender is product ranges can change at relatively short notice, particularly in the current climate, so we would encourage brokers who have an accepted Decision in Principle to submit a full application at their earliest convenience.”