On 21 October Suffolk Building Society withdrew a number of products, which you can find detailed below.
As they want to play fair when making product changes they are giving a set period of time for you to submit DIPs and FMAs for any outstanding cases on the withdrawn rates.
DIPs.
- DIPs can be submitted on old rates up to 5 pm on Tuesday 25 October.
FMAs.
- Mortgage applications from previously submitted DIPs can be submitted up to 5 pm on Friday 28 October.
New products.
They are working on replacement products and will be in touch on Monday with further news.
Important news about their SVR:
Discount rate products will be subject to the Society’s SVR change to 6.34% effective 1 November 2022. For information about their SVR and how this has changed in response to base rate movement click here.
Withdrawals.
80% LTV resi:
- C&I 2-year discount @ 2.69%
- C&I 3-year discount @ 2.79%
- I/O 2-year discount @ 2.99%
- I/O 3-year discount @ 3.09%
Buy to let:
- 2-year discount @ 3.45%
Holiday let:
- 2-year discount @ 3.59%
Expat buy to let:
- 2-year discount @ 3.99%
Expat holiday let:
- 2-year discount @ 3.99%
Get in touch.
They are ready to help! Give them a call on 0330 123 1073.
