The Buckinghamshire supports people with adverse and impaired credit

Published on

The Buckinghamshire Building Society has launched its new Bucks Solutions Portfolio to provide extended support to those who have experienced credit issues in the past or who are finding it challenging to secure a mortgage.

The new products use a credit matrix structure, to allow the mutual to offer a range of rates and LTVs, based on someone’s individual circumstances.

Gerard O’Keeffe (pictured), CEO, Buckinghamshire Building Society, said: “This approach allows additional flexibility to further support those people with varying levels of credit blips, allowing the rates and LTV they are offered to be reflective of their level of impaired credit and most suitable for their individual circumstances.

“We pride ourselves on the flexible approach we take to those with small credit issues, and these new products in particular continue to build on our ethos of giving back, by directly helping those most in need of support to owning their own home. Whatever the circumstances we will look for a solution and our flexible approach to underwriting supports that.

“We are dedicated to supporting people on the journey to owning their own home. We know that people need great value now, more than ever, and we are delighted to be able to offer these new products to give additional flexibility within our lending proposition.

“The market has changed drastically during the last two years and we are working hard to respond to the changing needs of the customer. We are continuously reviewing and improving the products we offer and look forward to announcing more new products shortly.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Newcastle for Intermediaries adds three-year fix range to mortgage offering

Newcastle for Intermediaries has introduced a new range of three-year fixed rate products. It said...

Mortgage product availability surpasses 25,000 for the first time

The number of mortgage products available in the UK has reached an all-time high,...

ASG Finance launches loan for HNW investors

ASG Finance has introduced its latest funding initiative: the ‘Base Rate Beater’ secured investment...

Other news

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Newcastle for Intermediaries adds three-year fix range to mortgage offering

Newcastle for Intermediaries has introduced a new range of three-year fixed rate products. It said...