Suffolk Building Society has cut its five-year expat BTL mortgage rates by 14bps.
The new rates are available from today (Monday 29th January) for purchase and remortgage on a capital and interest basis.
The five-year fixed rate is now at 5.95%, then the SVR for the remainder of the mortgage term.
It comes with 80% LTV, a minimum loan £75,000 and maximum loan £1m.
It also comprises a £199 application fee and a £1,499 completion fee.
Andrew Sadler, key account manager at Suffolk Building Society, said: “We’re pleased to demonstrate our commitment to continually provide good value to brokers and their clients by further reducing rates.
“This will also be of interest to UK nationals living overseas who often prefer the security of a five-year deal.”
