Buckinghamshire BS cuts residential and skilled worker visa rates

Buckinghamshire Building Society has announced rate reductions on selected core residential and skilled worker visa products, alongside the launch of a new two-year fixed rate buy-to-let mortgage for expat limited company landlords.

In the Society's 'Everyday Residential' range, a 70% LTV product has reduced from 5.34% to 5.19% and an 80% LTV rate is down from 5.45% to 5.29%.

A skilled worker visa (formerly Tier 2 Visa) product has also reduced from 6.35% to 5.99%.

In addition, the Society has launched a two-year fixed rate buy-to-let mortgage at 5.89%, exclusively for expat limited company applicants.

Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: “These rate reductions reflect our ongoing commitment to ensuring brokers have access to competitive, flexible solutions that meet the evolving needs of their clients. Our Everyday Residential range is suitable for a wide range of borrowers, including those with minor credit blips or complex income structures and this pricing update makes it even more accessible.

“Our new expat limited company buy-to-let fixed rate is an exciting addition for brokers working with overseas clients. We’ve seen increased demand in this space recently and this new product provides a timely solution for clients seeking shorter-term stability in a changing market.”