Brilliant Solutions

Suffolk Building Society Update

Here are the latest updates from the Suffolk Building Society.  These products are available via our direct to lender mortgage club which offers you payment on completion as well as specialist mortgage support and more.  Click here for a full list of Ipswich products.

Holiday let mortgages with Airbnb.
Available as standard!

In the first of our 2022 criteria improvements we’re now able to consider applications for holiday let properties marketed via Airbnb, and similar short term holiday rental providers.

There’s no standalone products or special pricing, this is available on our standard holiday let range. Plus, your clients will benefit from our generous 60 days’ personal use allowance!

Current deals:

Available up to 80% LTV for max loan £1m:

  • 2-year fixed rate @ 3.79%
  • 2-year discount rate @ SVR minus 1.85%, current pay rate 3.39%

Properties marketed via AirBnb will be subject to our existing rental coverage assessment, requiring a lettings agent (not Airbnb) to provide the known or anticipated letting value, exactly the same as a standard holiday let.

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