New residential mortgage products and end dates

Written by Suffolk Building Society

17 Jan 2024

Tags

Product Changes

4 min read

We’re repricing, and extending the fixed rate end dates, on some of our residential mortgages. These include shared ownership and self build. We’re happy to take any criteria-related questions. Either contact your BDM or call the team on 0330 123 1073.

New residential products

Residential – 80% (Max loan £1m)

  • 3 Year Fixed C&I at 5.09%
  • 2 Year Fixed C&I at 5.19%
  • 2 Year Fixed IO at 5.79% (Max loan £350k)

Residential – 90% (Max loan £500k)

  • 3 Year Fixed at 5.39%
  • 2 Year Fixed at 5.49%

Self Build

  • 80% Eco Self Build 2 Year Discount at 5.99% (Max loan £1m)
  • 80% Self Build 2 Year Discount at 6.09% (Max loan £1m, completion fee £1,499)
  • 70% Self Build Large Loan 2 Year Discount at 6.19% (Max loan £2m, completion fee 0.15%)

Shared Ownership – 90% (Max loan £500k)

  • 2 Year Fixed at 5.99% (no completion fee)

Across all other products, unless stated otherwise:

  • Available for purchase and remortgage.
  • Application fee of £199 and a completion fee of £999

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