RATE REDUCTIONS and NEW 90% Residential products
Effective 1 February 2023.Suffolk BS have made rate reductions of up to 54bps across our key product ranges, including Residential, Buy to Let, Holiday Let, Expat, and Self Build and Renovations.
They are also pleased to announce our launch back into the 90% LTV residential market with two options available (highlights are below).
NEW! 90% Residential Products.
90% 2 Year Discount
4.25% (SVR minus 3.19%)
90% 2 Year Fixed
5.65% fixed until 30/04/2025
Highlights From the Range
- Residential 80% 3 Year Discount C&I now at 3.55% (was 3.69%)
- Residential 80% 2 Year Fixed C&I now at 5.35% (was 5.85%)
- Residential 80% 2 Year Fixed IO now at 5.55% (was 6.09%)
- Self Build and Renovation 2 Year Discount now at 5.09% (was 5.19%)Self Build and Renovation Large Loan 2 Year Discount now at 5.59% (was 5.75%)
PRODUCT FINDER
Our easy to use product finder has all the info you need.
Reminder on our SVR.
Following the announcement from the Bank of England on 15 December 2022 to increase the base rate by 50bps to 3.50%, we will be changing our SVR. Our SVR will increase by 50bps to 7.44% effective 1 February 2023.