Buckinghamshire Building Society is making changes to their residential and buy-to-let mortgage range
These changes were effective from 9am on 3rd October 2022.
They are opening up their popular holiday let product to Ex-Pats! This product is available for Purchase or Remortgage to both First Time Buyers and First Time Landlords with a maximum loan-to-value of 75%.
Other key details include:
- 3 Year discounted rate, currently 4.89%*
- Minimum Loan £50,000
- Maximum Loan £500,000
- Applications accepted from individuals or limited companies
- Property must qualify as a Furnished Holiday Let under the HMRC definition
- Properties located on holiday parks/complexes, B&B, Airbnb, flats, leasehold properties and properties that have an occupancy restriction are not acceptable
- Standard credit criteria, ERC & fees apply
Finally, they have refreshed the interest rates on a number of products across their residential and buy-to-let product range. To see their new rates and view full details of all of their products, please visit their intermediary website by clicking here…
Please Note: DIPs are now valid for 30 days. DIPs not converted to full mortgage applications within this period will need to be resubmitted and a product selected from the current range available at that time.
Their current DIP submission to decision is 3 working days