Buckinghamshire Building Society has halved product fees across its Credit Revive and Credit Restore residential mortgage ranges.

The mutual has reduced fees from £999 to £499 across all residential products in both ranges, in a move aimed at supporting borrowers with affordability pressures or historic credit issues.

The society said the reductions were designed to help brokers place clients who may have suffered financial setbacks but are now in a stronger position.

Credit Revive is available up to 85% loan-to-value, with two-year fixed and discounted rate options. A retirement discounted product is also available up to 70% LTV on a five-year term.

Credit Restore is available up to 75% LTV and includes two-year fixed and discounted products for borrowers looking to rebuild their credit profile.

The ranges are aimed at applicants who fall outside mainstream lending criteria, including those with historic missed payments, debt management plans or previous adverse credit events.

Claire Askham (pictured), head of mortgage sales at Buckinghamshire Building Society, said: “Over the past few years, many borrowers have faced financial pressures that have left a lasting impact on their credit profile, despite now being in a much more stable position.

“By reducing product fees across both Credit Revive and Credit Restore, we’re helping brokers support clients who may already be managing affordability challenges while trying to improve their financial position.

“These products are designed to recognise that people’s circumstances can change, and that historic credit blips shouldn’t necessarily prevent someone from accessing a mortgage solution today.”

The society said brokers should speak with their key account manager to discuss individual cases and how the ranges may support clients.