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.

 Suffolk Product Changes – expat residential

Today we’re making changes to our fixed rate expat residential deals:

  • Capital & interest 2-year fixed increased by 0.40%, now @ 3.65%
  • Interest only 2-year fixed increased by 0.45%, now @ 3.85%

To assist with your enquiries already in progress please see below our extended deadlines for DIP and FMA submissions on the withdrawn rates:

DIPs can be submitted on withdrawn products up to 5pm on Tuesday 2 August.

Mortgage applications from these previously submitted DIPs can be submitted up to 5pm on Friday 12 August.

Expat 101:

  • Joint apps considered with one British national (where they alone meet our criteria and affordability).
  • Deposits built up in country of residence accepted, need to be back in the UK for completion
  • Consider 5.5x income if one applicant earns £100,000+ (after haircut, unless paid sterling)
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