Suffolk Building Society has reduced rates by up to 26bps across a range of fixed-rate, 80% loan-to-value buy-to-let (BTL) mortgages. The changes take effect from 11 February 2026.
The adjustments apply to standard BTL, expat BTL and holiday let products. Both two- and five-year fixed-rate expat BTL mortgages will fall by up to 15bps, while expat holiday let products over the same terms will be reduced by up to 19bps.
Within its core range, the society has cut its five-year fixed-rate BTL and five-year fixed-rate light refurb products by 26bps. The two-year fixed-rate BTL product will decrease by 14bps.
Holiday let products have also been revised. The five-year fixed-rate holiday let will be reduced by 14bps, and the two-year fixed-rate holiday let by 10bps.
Key rate changes include:
Up to 26bps off five-year fixed-rate BTL and light refurb products
Up to 15bps off two- and five-year fixed-rate expat BTL mortgages
Up to 19bps off two- and five-year fixed-rate expat holiday let products
14bps and 10bps cuts to five- and two-year holiday let deals
“Landlords could do with some good news right now,” said Charlotte Grimshaw, head of intermediaries (pictured). “With taxes on rental income due to change in 2027, and the changes brought about by the Renters' Rights Act (2025), landlords continue to face challenges and new norms. Cutting our buy-to-let rates is a practical way to offer support where we can.
“However, a great rate doesn't stack up unless it's backed by great criteria. So, alongside these reductions, we’re maintaining our flexible criteria to support borrowers who need a bit more headroom on some of the nuanced parts of their circumstances, whether they’re living abroad or looking for a regulated BTL for a family member.”
Alongside the pricing changes, the society confirmed it will keep its existing lending criteria in place, including flexibility for borrowers with more complex circumstances such as overseas residency or family-related regulated BTL arrangements.
