Buckinghamshire BS reduces residential and specialist mortgage rates

Buckinghamshire Building Society has announced a series of mortgage rate reductions across its residential and specialist lending ranges.

The latest changes see reductions across a number of the Society's residential, impaired credit and buy-to-let products.

The Society has reduced its Everyday Residential discounted products by 40 basis points, with rates now available from 4.89% up to 70% LTV and 4.99% up to 80% LTV.

Buckinghamshire has also lowered rates across its specialist lending ranges for borrowers with impaired credit, Credit Revive and Credit Restore, helping customers who have experienced previous credit issues access lending solutions tailored to their circumstances.

Alongside these changes, a number of limited company buy-to-let and limited company holiday let products have also been repriced, including options available to expat landlords. Portfolio buy-to-let and expat portfolio buy-to-let fixed rates have both been reduced by 20 basis points.

Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: “These latest reductions enhance our proposition for borrowers with lower loan-to-value requirements while continuing to support borrowers with more complex or individual circumstances.

"Whether it's someone looking to remortgage from day one, raise capital against an unencumbered property, access our later life lending solutions or secure a mortgage after previous credit issues through our Credit Restore and Credit Revive products, we're committed to offering flexible lending backed by a personal approach."