"Applying these cuts across such a wide range of products means that brokers have more attractive options for their clients, whether they are first-time buyers, landlords, later life borrowers or expats"
- Claire Askham - Buckinghamshire Building Society
Buckinghamshire Building Society has made rate reductions, which take effect immediately, across its standard residential, later life, first-time buyer and expat buy-to-let products.
According to the lender, examples of the newly updated range include a prime 90% LTV five-year fixed rate - which has been reduced from 5.24% to 5.05%, a prime 90% LTV three-year discount - reduced from 5.99% to 5.79%, and a prime 95% (purchases only) three-year fixed rate - which has been reduced from 5.89% to 5.74%.
Other highlights include:
- JBSP Deposit Lite five-year fixed rate - rate reduced from 5.99% to 5.89%
- Retirement interest-only five-year discount - rate reduced from 5.69% to 5.59%
- Expat buy-to-let three-year fixed rate - rate reduced from 6.19% to 6.09%
Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said “We’re delighted to reduce rates across our mortgage range, ensuring we deliver ever greater value to brokers and their clients.
"Applying these cuts across such a wide range of products means that brokers have more attractive options for their clients, whether they are first-time buyers, landlords, later life borrowers or expats. At a time when price really matters, this is sure to be a welcome move.
“Combined with our human approach to underwriting, where each case is assessed on individual circumstances, Buckinghamshire Building Society continues to stand out from the competition in delivering accessible, affordable mortgage products.”
