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 Suffolk products.
Oh buoy! BTL rates lowered by up to 30bps.
Come aboard for lower rates.
BTL ✅
Expat BTL ✅
BTL Light Refurb ✅
Expat Holiday Let ✅
We know that when it comes to rates and ICR stress tests* right now, things are tighter than a container ship squeezing through the Suez Canal.
So we’re unfurling some reductions on some of our BTL range, making purchases and remortgages a breeze. We’ve also extended the end dates on the 2-year buy to let and holiday let fixed rates.
If we can help with something a bit complex, we’ll use common sense to get your case tied up.
NEW PRODUCTS available from 18 June 2024.
BTL 80% LTV
- 2 Year Fixed at 5.69% (down 20bps)
BTL 80% LTV Light Refurbishment
- 2 Year Fixed at 5.79% (down 20bps)
Expat BTL 80% LTV
- 2 Year Fixed at 5.99% (down 10bps)
Expat Holiday Let 80% LTV
- 2 Year Fixed at 6.09% (down 30bps)
*Talking of ICR stress rates… here are ours:
125% if a nil or basic rate UK tax payer.
145% if a higher or additional rate UK tax payer.
At pay rate plus 2% or, if on a 5-year fixed rate, at pay rate.