- 90% residential 3-year fixed mortgage now below 5%
- Holiday lets also reduced by up to 30bps
We’ve reduced the rate on our 90% LTV residential 3-year fixed product to a highly competitive 4.99% (a reduction of 40bps).
We’ve also made reductions on our holiday let products, as well as extending the end date on 2-year fixed products.
Residential
- 90% LTV 3-year fixed repriced to 4.99% (reduction of 40bps)
Holiday let
- The Society’s holiday let 2-year fixed has been reduced by 29bps to 5.80% (previously 6.09%) until 30/06/26.
- The holiday let 5-year fixed is also repriced, to 5.69% for 60 months.
- The holiday let 2-year discount has been cut by 30bps to 5.79% (from 6.09%) for 24 months.
- The expat holiday let 2-year discount has been reduced to 6.19% (from 6.29%) for 24 months.
- Finally, the expat holiday let 5-year fixed has been cut by 20bps to 6.09% (previously 6.29%) for 60 months.
All five holiday let products are available up to 80% LTV and will then revert to SVR at the end of their respective mortgage terms.
Charlotte Grimshaw, Head of Intermediary Relations, Suffolk Building Society said:
“’While we’re known for our niches of older borrowers, holiday lets, expats and self build, it’s great to also be supporting residential borrowers with a highly competitive rate at 90% LTV. We’re pleased to be supporting intermediaries and their clients with this 90% residential 3-year fixed below 5%.
“The holiday let market also remains a good investment for many people, especially with the popularity of ‘staycations’ showing little sign of waning just yet. By offering reductions of up to 30bps, we can continue to satisfy the growing demand for holiday properties.”
The Society’s helpdesk team is available to assist with any queries.
