Buckinghamshire Building Society has cut rates by up to 0.30% across its mortgage range, and madeterm changes to selected products.

The mutual has reduced rates on buy to let (BTL), standard residential, later life, expat, and holiday let products.

The holiday let 75% loan-to-value (LTV) two-year discount rates have been reduced from 6.19% to 5.89%.

Meanwhile, BTL 80% LTV five-year fixed rates have been cut from 5.99% to 5.89%

Other examples of the new range include: • Prime 90% LTV five-year fixed rate – rate reduced from 5.05% to 4.99% • Expat holiday let 75% LTV two-year discount – rate reduced from 6.19% to 5.99% • Deposit light dual physical valuation five-year fixed rate – from 5.79% • Non standard credit three-year fixed – from 5.99%

The deposit light three-year discount rate has changed to a five-year fixed rate at 5.79%, with dual physical valuation and desktop options.

The non standard credit product has been repriced and changed from a two-year fixed term to a three-year fixed term to help applicants rebuild their credit profile.

The society can now consider applicants who have been in a debt management plan for over three years.

In addition, it can consider those with a CCJ for parking fines up to £250, within the prime range for residential mortgages.

The standard variable rate (SVR) has also been reduced by 0.20% to 8.59%

Buckinghamshire Building Society head of mortgage sales Claire Askham says: “We are pleased to announce a comprehensive rate reduction across our product range, which further enhances the value we offer to intermediaries and their clients.”

“Additionally, we have augmented several products designed to offer more options to borrowers, across a range of mortgage niches. This launch cements our support for brokers in an increasingly complex marketplace.”