Buckinghamshire BS expands adverse credit and retirement interest-only ranges

Buckinghamshire Building Society has announced the launch of two new mortgage products along with an entire reprice of its existing product range.

A new three-year fixed rate Impaired Credit mortgage is aimed at clients who are looking to get their finances back on track following credit issues, while the retirement interest-only (RIO) five-year discount product has a desktop valuation option and reduced product fee.

The Society confirmed that it is also opening up desktop valuation options on its buy-to-let products.

Claire Askham, head of mortgage sales at Buckinghamshire Building Society, commented: “Over the last couple of months we’ve completed a thorough review of our product range with the aim of making it more accessible for more applicants. Whether that’s by making adjustments to criteria, reducing product fees or launching innovative new features.

“Our latest product launch and rate refresh continues in this theme, and we’ll be taking it a step further tomorrow when we open up desktop valuation options on our buy-to-let products.

“Continuous analysis of the market and the desire to offer more competitive and less restrictive products has driven these changes across our entire range.

“I believe that with these changes and the combination of our manual underwriting process and highly experienced key account managers and support teams, we’re in the position to help more applicants with complex issues than ever before.”