Buckinghamshire Building Society has announced that it has cut buy-to-let rates across its limited company and expat landlord ranges, as part of a wider series of reductions spanning its residential and specialist lending products.
A number of limited company buy-to-let and limited company holiday let products have been repriced, including options available to expat landlords. Portfolio buy-to-let and expat portfolio buy-to-let fixed rates have both fallen by 20 basis points, giving landlords with larger portfolios access to cheaper borrowing.
Alongside the buy-to-let reductions, the Society has lowered rates across its residential and specialist lending ranges, reinforcing its commitment to supporting borrowers with lower loan-to-value requirements. Everyday residential discounted products have been cut by 40 basis points, with rates now available from 4.89% up to 70% LTV and 4.99% up to 80% LTV.
Buckinghamshire Building Society has also reduced 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.
"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," said Claire Askham, head of mortgage sales at Buckinghamshire Building Society (pictured).
"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."
