"We’ve reintroduced discount rates in areas where we see brokers needing more flexibility to support landlords who are still actively investing, but also want room to adapt as the market moves"
- Claire Askham - Buckinghamshire Building Society
Buckinghamshire Building Society has announced that it has reintroduced discounted products across its Everyday buy-to-let and Everyday Expat BTL ranges, offering brokers more flexibility as landlords weigh up their investment decisions in a shifting rate environment and marking the next step in the Society’s product refresh.
According to the lender, the products now available are:
- Everyday BTL – two-year discounted rate of 5.39% (3.00% discount) up to 80% LTV
- Everyday Expat BTL – two-year discounted rate of 5.59% (2.80% discount) up to 75% LTV
Both are available for loans between £50,000 and £500,000 and carry a product fee of £1,195.
The Society has also updated its Credit Restore discounted product, which now moves to a two-year term (previously three years) and offers a rate of 6.45% up to 70% LTV, with a discount of 1.94% and a £999 fee.
The products are intended to support brokers and landlords making investment-led decisions in a market where rate certainty is no longer the only driver.
Claire Askham, (pictured) Head of Mortgage Sales at Buckinghamshire Building Society, commented: “We’ve reintroduced discount rates in areas where we see brokers needing more flexibility to support landlords who are still actively investing, but also want room to adapt as the market moves.
“This is part of a wider refresh that includes renaming our standard BTL range to ‘Everyday’ to make it more approachable for a broader group of landlords, including expats and those early in their investment plans.
“It’s about offering a good mix of choice while keeping things simple and competitive.”
