Buckinghamshire Building Society has reduced rates for applicants on its credit restore range by 20bps.
The Credit Restore range is designed to support credit impaired clients who may need a higher LTV to consolidate debt or improve their financial position.
Available immediately, the two-year fixed-rate products are priced at 6.19% up to 60% LTV and 6.69% up to 75% LTV and can be used for both purchase and remortgage purposes.
In both cases, applicants can access loans up to a maximum of £750,000.
“At the Society, we want to make it easier and more affordable for borrowers to repair their credit position and our reduced pricing, along with the recent increase in LTV to 75% will undoubtedly help more borrowers achieve their home ownership ambitions,” said Claire Askham, head of mortgage sales at Buckinghamshire Building Society (pictured above).
“At Bucks, we pride ourselves in helping customers that don’t always fit the norm.
“Many just simply need a common-sense approach to underwriting and a lender that understands the nuances of their circumstances.”
