Buckinghamshire BS cuts rates by up to 0.20%

Buckinghamshire Building Society has cut rates by up to 0.20% points across a range of its mortgage products.

The reductions apply to standard residential, later life, first-time buyer and expat buy-to-let products.

In the Society's Prime range, a five-year fixed rate at 90% LTV has reduced from 5.24% to 5.05%, a three-year discount product at 90% LTV has reduced by 20bps to 5.79%, and a three-year fix at 95% LTV has reduced from 5.89% to 5.74%.

Elsewhere in the range, a JBSP Deposit Lite five-year fixed rate has reduced from 5.99% to 5.89%, a retirement interest-only five-year discount product is down by 10bps to 5.59%, and an expat buy-to-let three-year fixed rate has reduced from 6.19% to 6.09%.

Claire Askham, head of mortgage sales at Buckinghamshire BS, 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.”