Buckinghamshire BS launches new three-year discounted mortgage range

Buckinghamshire Building Society has launched three new three-year discounted mortgage products across its retirement and Credit Restore ranges.

A new retirement product has launched at 5.09% up to 75% LTV with a £999 product fee.

In the Society's Credit Restore range, three-year discounts are available from 5.49% up to 60% LTV and 5.89% up to 75% LTV, both with a £499 fee. 

Credit Restore provides solutions for borrowers who may have experienced historic credit difficulties and require a more individual approach to underwriting.

Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: “Two and five-year products naturally receive a lot of attention when brokers are sourcing a mortgage, but we don't want three-year options to be overlooked. Every client is different, and for some borrowers three years may provide a useful middle ground.

“Our message to brokers is simple: when you're sourcing a case, make sure you include three-year products in your search. There could be an option sitting there that works particularly well for your client, and you don't want to miss it simply because the initial search was limited to two and five years.”