Buckinghamshire Building Society reduces rates across range

11 June 2024

Buckinghamshire Building Society has cut rates by up to 0.20 percentage points across a raft of its mortgage products.

The reductions, which take effect immediately, apply to standard residential, later life, first time buyer and expat buy to let products, ensuring the mutual delivers more competitive options for all types of buyers.

Examples of the new range include:

● Prime 90% LTV five-year fixed rate - rate reduced from 5.24% to 5.05%
● Prime 90% LTV three-year discount - rate reduced from 5.99% to 5.79%
● Prime 95% (purchases only) three-year fixed rate - rate reduced from 5.89% to 5.74%
● JBSP Deposit Lite five-year fixed rate - rate reduced from 5.99% to 5.89%
● Retirement interest-only five-year discount - rate reduced from 5.69% to 5.59%
● Expat buy-to-let three-year fixed rate - rate reduced from 6.19% to 6.09%

Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said:

“We’re delighted to reduce rates across our mortgage range, ensuring we deliver ever greater value to brokers and their clients. Applying these cuts across such a wide range of products means that brokers have more attractive options for their clients, whether they are first-time buyers, landlords, later life borrowers or expats. At a time when price really matters, this is sure to be a welcome move.

“Combined with our human approach to underwriting, where each case is assessed on individual circumstances, Buckinghamshire Building Society continues to stand out from the competition in delivering accessible, affordable mortgage products.”