Buckinghamshire Building Society has cut rates by up to 70 basis points across its BTL products.
Made in response to market demand, cuts have also been made to holiday let and first-time buyer products.
For landlords with non-standard credit profiles, the BTL non-standard credit three-year fixed rate has been cut to 6.09% down from 6.39%.
This is with a maximum LTV of 75% and a product fee of £1,195.
Additionally, the BTL five-year fixed rate has been cut to 5.19% from 5.89%. This has a maximum LTV of 80% and a product fee of £1,195.
“We’re excited to introduce these repriced products as part of our ongoing commitment to supporting borrowers across different sectors,” said Claire Askham (pictured above), head of mortgage sales at Buckinghamshire Building Society.
“The rate reductions will offer landlords, holiday let investors, and first-time buyers and home movers more flexibility and competitive financing options, particularly for those with complex financial circumstances.”
Claire added: “We remain focused on delivering products that reflect the needs of the market, whether it’s helping landlords with non-standard credit or providing stability with our 95% LTV option."
