Buckinghamshire Building Society has announced rate reductions on selected Everyday Residential and Skilled Worker Visa products alongside the launch of a new 2-year fixed rate buy-to-let mortgage for expat limited company landlords.
Claire Askham (main picture), head of mortgage sales at Buckinghamshire, said: “These rate reductions reflect our ongoing commitment to ensuring brokers have access to competitive, flexible solutions that meet the evolving needs of their clients.
“Our Everyday Residential range is suitable for a wide range of borrowers, including those with minor credit blips or complex income structures and this pricing update makes it even more accessible.”
TIMELY SOLUTION
And she added: “Our new expat limited company buy-to-let fixed rate is an exciting addition for brokers working with overseas clients.
“We’ve seen increased demand in this space recently and this new product provides a timely solution for clients seeking shorter-term stability in a changing market.”
IMPROVED PRICING
Effective immediately, brokers will benefit from improved pricing on the Society’s core residential offering, as well as more competitive rates for skilled workers and a brand-new product tailored to expat landlords investing through limited companies.
The changes include:
- Everyday Residential 70% LTV reduced from 5.34% to 5.19%
- Everyday Residential 80% LTV reduced from 5.45% to 5.29%
- Skilled Worker Visa (formerly Tier 2 Visa) reduced from 6.35% to 5.99%
The Society has also launched a two-year fixed rate buy-to-let mortgage at 5.89%, exclusively for expat limited company applicants seeking short-term rate stability.
