Mortgage product portfolio expanded in response to evolving market conditions
20 September 2021
We are pleased to launch a series of new mortgage products in response to the changing market conditions experienced following the pandemic.
Home from Home
The first new addition to the Buckinghamshire Building Society mortgage portfolio – a unique proposition giving people the opportunity to own a second holiday home and rent it out for up to 90 days each year as a holiday let.
Key product highlights:
- No max age
- Up to 80% LTV
- Affordability based approach to owning a 2nd home
Discover the Home from Home range here.
Up to 90% LTV Prime
This up to 90% LTV fixed mortgage product has launched in response to demand from you, our broker community.
- Up to 90% LTV for prime borrowers
- No upper age limit
- Limited tranche availability
View our up to 90% LTV option here.
Later Life Lending
5-year fixed to 30/11/2026 retirement product, giving additional flexibility within the later life proposition.
Key product highlights:
- No max age
- Interest only up to 60% LTV
- Capital repayment up to 75% LTV
Get the 5-year fixed details here.
‘As a Society, we are confident that these additions to our already broad mortgage product offering will allow people additional flexibility when buying a home of their own after what has been a truly turbulent time for many. We continue to assess applications on a case-by-case basis and our human approach to underwriting means that we credit search rather than credit score. By taking this holistic view we can better understand the affordability of the mortgage options so that they are suitable and sustainable for the borrower’s individual circumstances.’ – Tim Vigeon, Head of Lending.
