Suffolk Building Society has cut rates on 95% loan-to-value residential deals by 26 basis points, while its five-year expat landlord offers are down by up to 14bps.  

The mutual says the reductions on its residential purchase and remortgage offers on a capital and interest basis cover:  

• Two- and three-year products repriced to 5.89% (down by 26 bps), then reverting to the standard variable rate, minus 1.74%, until 31 July 2029, with a 3% floor  
• At 95% LTV, minimum loan £75,000, maximum loan £500,000, a £199 application fee, and a £999 completion fee  

Its expat buy-to-let reductions cover:  

• Five-year fixes at 5.95% (down by 14 bps), then the standard variable rate for the remainder of the term  
• At 80% LTV, minimum loan £75,000, maximum loan £1m, a £199 application fee, and a £1,499 completion fee   

Suffolk Building Society key account manager Andrew Sadler says: “We’re pleased to demonstrate our commitment to continually provide good value to brokers and their clients by further reducing rates.   

“This is particularly important for those with a small deposit, such as first-time buyers.   

“This will also be of interest to UK nationals living overseas who often prefer the security of a five-year deal.”