Nottingham Building Society News & Information.

February 2012 – With the latest Nottingham Building Society ISA you can earn a fixed rate of 3.65% tax-free until 31 March 2014.

Nottingham Building Society.

Nottingham Building Society was founded in 1849 by Samuel Fox, a leading Quaker and local grocer . Head office address is Nottingham Building Society, Nottingham House,  5/13 Upper Parliament Street.  Nottingham NG1 2BX.

Nottingham offer a number of products including

Mortgages- First Time Buyer Mortgages, Fixed Rate Mortgages, Base Rate Tracker Mortgages, Discounted Rate Mortgages, Buy To Let Fixed Rate Mortgages and Buy To Let Tracker Mortgages.

Savings Accounts- Access ISA, Branch Moneybuilder, Branch Reward, First Home Saver, Nottingham Forest Saver, Regular Saver, Fixed Rate Savings Account and Fixed Rate Regular Saver.

Other Financial Products include home contents and buildings insurance, Life assurance, critical illness cover and mortgage payment protection for peace of mind should the unexpected happen and travel money.

For the year ended 31/12/2010 The Financial Results for Nottingham Building Society were 2009 figures in (brackets)

Profit £2,400,000 (loss £1,400,000)

Assets £2403.5 million (£2599.8 million)

Executive Directors Pay £747,000 (£692,000)

Non Executive Directors Pay £198,000 (£198,000)

For the year the net interest margin increased to 0.89% from 0.67% with gross lending increasing to £355 million and branch based savings balances increased by 9%. The residential mortgage book had a loan to value of 46.4%.

Management expenses as a percentage of mean total assets increased to 0.76% from 0.67% the previous year.

nottingham building society