"This new range, which includes products for standard and expat buy-to-let as well as holiday let, allows us to provide focused support for these landlords while offering brokers a clear and compelling solution for their clients"
- Claire Askham - Buckinghamshire Building Society
Buckinghamshire Building Society has announced that it has entered the limited company buy-to-let market with the launch of a new range of products that aim to further support landlords including expats and those operating in the holiday let sector.
The lender's four new limited company products are a limited company buy-to-let 5-year fix at 5.49%, up to 80% LTV, limited company expat buy-to-let 3-year fix at 6.09%, up to 75% LTV, limited company expat holiday let 2-year discounted rate of 6.09%, up to 75% LTV, and a limited company holiday let 2-year fix at 5.79%, up to 75% LTV.
The new range includes options for day 1 SPVs, first-time buyers, and first-time landlords and comes with a flat product fee of £1,195 and flexible criteria designed to cater to a broad range of needs.
“We’ve been carefully considering the launch of a limited company product range for some time, as we’ve observed a growing trend of landlords incorporating their portfolios in response to changes in tax regulations," said Claire Askham, Head of Mortgage Sales at Buckinghamshire Building Society.
She added, "This new range, which includes products for standard and expat buy-to-let as well as holiday let, allows us to provide focused support for these landlords while offering brokers a clear and compelling solution for their clients.
“We’re always actively reviewing our criteria to ensure we meet the evolving needs of landlords across the market. It’s about recognising a market shift and equipping brokers with the right tools to stay ahead.”
