Suffolk Building Society has announced rate cuts on its expat holiday let and expat buy-to-let products. By reducing rates by up to 30 bps, and extending the end dates of these deals, the society is continuing to support UK nationals living abroad.
From today, 80% LTV expat holiday let 2-year fixes have been cut by 30bps to 6.09% (previously 6.39%) now extended until 31 October 2026.
80% LTV expat buy to let 2-year fixes have been reduced by 10bps to 5.99% (previously 6.09%) now extended until 31 October 2026 and 80% LTV expat buy to let 2-year fixes (3% completion fee) at 5.29%, have now been extended until 31 October 2026.
Charlotte Grimshaw, Head of Intermediary Relations and Mortgage Sales, Suffolk Building Society said: “As expat and holiday let specialists, we're continually monitoring the market and reviewing our proposition.
"We’re aware that it's a challenging time at the moment, especially with rates and the ICR stress tests. By repricing our expat holiday let and expat buy-to-let products, we’re helping expat borrowers, particularly with rental coverage requirements.”
