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.
Product changes: we’re reducing rates + 2 new deals!
Good news – we’ve cut rates and introduced two new products! Here are the headlines:
- REDUCED fixed rates across 95% LTV standard range and 90% LTV shared ownership
- NEW shared ownership 90% LTV 5-year fixed launched
- NEW 2-year discount resi C&I deal, with a 1-year ERC period launched
Details, details.
Here’s a run down of the rates on offer, plus we’ve updated our website and sourcing systems with full information so we’re ready to go with your case enquiries:
Residential:
All 95% LTV fixed rates cut for C&I:
- 2-year reduced by 24bps to 2.99%
- 3-year reduced by 28bps to 3.07%
- 5-year reduced by 24bps to 3.25%
NEW discount deal with reduced ERC:
2-year discount at 2.10% (SVR minus 3.44%), up to 80% LTV for max loan £1m, with a 1% ERC for 12 months, thereafter ERC free
Shared ownership 90% LTV:
- 2-year fixed reduced by 16bps to 2.99%
- NEW 5-year fixed at 3.25%