Buckinghamshire BS extends Credit Revive range to buy-to-let and later life

Buckinghamshire Building Society has extended its Credit Revive range to include buy-to-let and later life products.

Previously only available on residential purchase and remortgage cases, Credit Revive is aimed at borrowers with historic credit challenges.

The product range supports applicants with a history of arrears, missed payments or CCJs, provided their circumstances have stabilised and they meet affordability checks. Each case is manually underwritten to ensure a full understanding of the applicant’s story.

From today, two buy-to-let Credit Revive products have launched, with two-year fixed rates starting from 5.69% up to 75% LTV and a limited company product at 5.89%.

A five-year fixed rate retirement product is available at 5.79% up to 70% LTV.

Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: “We know that brokers are working with more clients who have strong current affordability but still carry the legacy of past credit issues. This is about recognising recovery and making sure people aren’t shut out of the market because of a historic blip. 

“Whether it’s a landlord rebuilding after a challenging few years or someone in later life looking for a fresh start, these products are about practical lending solutions that reflect where people are today, not where they’ve been previously. That’s what Credit Revive is designed to do.”