For residential borrowers with a 10% deposit, a two-year fixed rate of 5.22% is now available, reduced from 5.3%, as well as a five-year option priced at 5.06%, down from 5.14%.
The society is also offering a three-year fix is available up to 95% loan to value (LTV) priced at 5.58%, cut from 5.7%.
For shared ownership borrowers, a five-year fixed rate of 4.94% is available up to 95% LTV – reduced from 5.16%.
All deals come with a free standard valuation up to £999 with a £0 completion fee.
In the BTL range, the 60% five-year fixed rate has been reduced from 4.89% to 4.67% and comes with a £1,499 completion fee.
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Bucks BS makes cuts to credit repair range
Buckinghamshire Building Society has reduced product fees across its Credit Revive and Credit Restore residential mortgage ranges from £999 to £499.
The fee reductions apply across all residential products within both ranges and are designed to help brokers support clients who may have experienced financial setbacks but are now in a stronger position to move forward.
The society’s Credit Revive range is available up to 85% LTV, with both two-year fixed and discounted rate options available. A retirement discounted product is also offered up to 70% LTV on a five-year term.
Meanwhile, the Credit Restore range is available up to 75% LTV and includes both two-year fixed and discounted products aimed at borrowers looking to rebuild their credit profile.
Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: “By reducing product fees across both Credit Revive and Credit Restore, we’re helping brokers support clients who may already be managing affordability challenges while trying to improve their financial position.
“These products are designed to recognise that people’s circumstances can change, and that historic[al] credit blips shouldn’t necessarily prevent someone from accessing a mortgage solution today.”
