The society says the change aims to give brokers more flexibility when supporting credit impaired clients who may need a higher LTV to consolidate debt or improve their financial position.

In addition, it has introduced a three-year fixed rate product with a headline rate of 6.89%, available up to 75% LTV.

It will be available alongside the existing Credit Restore options, including a two-year discounted rate and three-year fixed rate, available up to 60% LTV.

All products come with a £999 fee and are designed to offer longer-term stability to clients who are rebuilding their credit profile.

Buckinghamshire Building Society head of mortgage sales Claire Askham says: “This is something we’ve been working towards for some time, and we’re pleased to be in a position to offer higher LTVs for borrowers who need that extra support to get back on track.”

Earlier this month, the society launched a two-year everyday buy-to-let fixed rate, along with repriced products across its credit revive and credit restore ranges.