Brilliant Solutions offers packaging expertise on Buckingham BS products so we are available to help with your cases and you can also access their products through our direct to lender mortgage club which not only gives you the support you need but pays you on the day of completion.
This is the latest announcement from Buckinghamshire BS.
Announcement
NEW First Time Buyer Product Available Now!
BRAND NEW! 3.85% 5 year fixed rate First Time Buyer product just launched!**
Are your clients First Time Buyers who want to get on the property ladder?
We are here to help!
The new First Time Buyer product is:
• 5 year fixed interest rate 3.85%
• Will accept deposit gifted from parents or grandparents
• Up to 95% LTV
• Credit search for applicants instead of score
Find out more about this new, limited time product, click here!
**Product details:
Fixed rate of 3.85% until 31st May 2027. Product fee of £350. Up to 40 year term. Minimum age 18 – no maximum age. Minimum Loan £50k – Maximum Loan £500k. Max 95% LTV including fees. Standard credit criteria. ERC & other fees apply.
Representative Example
A mortgage loan of £145,070 payable over 32 years, initially on a fixed rate of 3.85% until 31/05/2027 and then on our Standard Variable Rate, currently 5.14%, for the remaining period would require 60 payments of £657.66 and 324 payments of £756.37. The total amount payable would be £285,456.48 made up of the loan amount plus interest of £139,453.48 plus a product fee of £350, a funds transfer fee of £25, a valuation fee of £310, legal fees to your solicitor of £148, and exit fee of £100. The overall cost for comparison is 4.8% APRC representative.
How to apply
1) Use our affordability calculator to assess the case – save the reference number and don’t forget to include it with your DIP.
2) Complete the DIP and send us ALL supporting documents as well as your affordability calculator reference number – a fully packaged case is a speedy case!
3) Once the DIP is approved, complete the application and leave the rest to us! Get in touch with us today to find out more!
Our Remortgage product is no longer available
Effective immediately, our 5 Year Fixed Remortage product (F822) is no longer available.
Please note, all DIPs already submitted will be honoured, however we will be unable to accept any new cases.
To check out our full product range, please visit our website.