Suffolk Building Society is cutting rates on its expat residential, expat BTL and expat holiday let rates by up to 16bps.
The firm’s two-year fixed-rate products will also be set up with an extended end date of 30 November 2025.
In addition, the building society is also reducing the rate on two standard BTL products and two BTL light refurb mortgages by up to 15bps.
Both two-year fixed-rate mortgages will also be launched with an extended end date, as will one additional holiday let product.
“We’ve been in the expat market for almost two decades now and have received applications from British Nationals living in 92 countries across the world,” said Charlotte Grimshaw, head of intermediaries at Suffolk Building Society.
“We hope these changes to our expat range land well with brokers. We know that every little helps with affordability and rental calculations at the moment and a reduction in rates goes some way to support this.”
