Suffolk Building Society is pleased to announce that it is reintroducing a number of two-year fixed rate products to its range.
The society is seeking to offer brokers and their clients more choice, and to support buyers with a smaller deposit via a 90% LTV residential mortgage.
The following mortgages are now available to intermediaries for purchase and remortgage:
For residential – two-year fixed rate at 6.49% fixed until end of December 2025, then reverting to SVR minus 1.74% until end of March 2029 with a 3% floor.
A 90% LTV, min loan £75k, max loan £500k, application fee £199 and a completion fee of £999.
For buy to let – two- year fixed rate at 6.59% fixed until end of December 2025, then reverting to SVR.
A 80% LTV, min loan £75k, max loan £1m, application fee £199, completion fee £999.
For expat buy to let – two-year fixed rate at 6.75% fixed until end of December, then reverting to SVR.
A 80% LTV, min loan £75k, max loan £1m application fee £199, completion fee £1,499.
For holiday let – two-year fixed rate at 6.75% fixed until end of December 2025, then reverting to SVR.
A 80% LTV, min loan £75k, max loan £1m, application fee £199, completion fee £999.
Finally, for expat holiday let – two-year fixed rate at 6.80% fixed until end of December 2025, then reverting to SVR.
A 80% LTV, min loan £75k, max loan £750k, application fee £199, completion fee of £1,499.
Suffolk BS key account managers Andrew Sadler says: “Brokers and their clients always want choice. That’s why we are returning with the types of products that brokers are accustomed to us offering. In particular, the 90% LTV product