Suffolk BS returns to 90% LTV resi market Mortgage Strategy

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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


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