Buckinghamshire BS cuts residential and buy-to-let rates

Buckinghamshire Building Society has announced a series of rate reductions across its residential and buy-to-let product ranges.

The changes include notable reductions on the Society’s discounted buy-to-let products, including its Everyday two-year discount, which is down from 5.24% to 4.89%, and a limited company two-year discount which has been cut from 5.64% to 4.99%.

Other reductions have also been applied across a broad selection of the Society’s mortgage propositions, including Everyday residential, Deposit Lite, JBSP Deposit Lite, Everyday buy-to-let, expat and limited company buy-to-let products.

The move follows the Society recently extending its Credit Revive range, introducing new products for later life borrowers and buy-to-let applicants, further enhancing options for those with credit challenges.

Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: “In a climate where borrower confidence and affordability remain under pressure, we’re committed to making our products work harder for brokers and their clients.

“These rate reductions are about giving more borrowers access to competitive pricing, whether they’re first-time buyers using family support, landlords investing through a limited company or clients with non-standard circumstances.

“Combined with this week’s Credit Revive expansion, we’re delivering meaningful improvements across the board, with flexible underwriting and real-world lending at the heart of it all.”