Buckinghamshire Building Society has reduced rates across a selection of products within its Credit Revive and Credit Restore mortgage ranges.
The changes from the lender include reductions of up to 30 basis points across five products, reinforcing the society’s commitment to supporting underserved borrowers through flexible lending solutions and personalised underwriting.
The Credit Revive range has seen a series of rate reductions, with the two-year fixed now available at 5.89% up to 70% LTV and 6.19% up to 85% LTV, down from 6.09% and 6.39% respectively. The Retirement option has been reduced from 5.99% to 5.85% up to 70% LTV.
The Credit Restore range has also been repriced, with the three-year fixed now available at 6.29% up to 60% LTV and 6.69% up to 75% LTV, down from 6.59% and 6.89% respectively.
All products are available with a £499 product fee.
Atom bank has cut rates across its Near Prime range by 0.10%. The reductions apply across the entirety of the lender’s range, covering products from 60% LTV to 90% LTV, and including both fee-charging and fee-free options. As a result of the reductions, rates now start at 5.39% for a two-year fixed rate at 60% LTV, with a £1.995 fee.
Alongside reducing rates on a number of occasions, Atom bank has introduced a higher maximum LTV of 90% to support Near Prime borrowers with more modest deposits, as well as launching products with £1,500 and £1,995 fees, in response to broker feedback.
Leek Building Society are increasing some of the rates for its fixed-rate mortgages products, and extending the end dates for its entire product range.
These changes will be effective from 12 June.
New two-year product end date is 30 September 2028 and the new five-year product end date is 30 September 2031.
Changes effective from Friday 12 June.
A breakdown of the updated pay rates:
For Residential; 90% five-year fixed (No fee): 5.33% up to 5.38%; 95% two-year fixed (£995 fee & £400 cashback): 5.52% up to 5.57%; 95% five-year fixed (£400 cashback): 5.45% up to 5.50%; and 95% 5-year fixed (£995 fee): 5.31% up to 5.36%
For 95% Shared Ownership; two-year fixed (No fee): 5.41% up to 5.51%; five-year fixed (No fee): 5.26% up to 5.36%
For 75% Limited Company BTL; two-year fixed (No fee): 5.63% up to 5.73%; two-year fixed (£1,495 fee): 5.31% up to 5.41%; five-year fixed (No fee): 5.48% up to 5.58%; and five-year fixed (£1,495 fee): 5.39% up to 5.49%
For 75% Holiday Let: two-year fixed (£995 fee): 5.36% up to 5.48%; and five-year fixed (£995 fee): 5.37% up to 5.49%
