After the temporary measure to pause the lending activity, last week Suffolk Building Society embarked on a phased soft return with new expat and self build deals. These were launched on sourcing systems and through networks and clubs.
Now, in light of the changing marketplace, they will be withdrawing the expat fixed rate products with immediate effect. The discount rate options remain available in this range.
DIPs
DIPs can be submitted on these withdrawn products up to 5pm on Wednesday 28 September.
FMAs
Mortgage applications from these previously submitted DIPs can be submitted up to 5pm on Friday 30 September.
Withdrawals:
Expat buy to let 80% LTV
- 5-year fixed @ 4.75%
Expat residential 80% LTV
- 2-year fixed C&I @ 4.45%
- 2-year fixed IO @ 4.59%
Still available:
Expat buy to let 80% LTV
- 2-year discount @ 3.99%
Expat holiday let 80% LTV
- 2-year discount @ 3.99%
Expat residential 80% LTV
- 2-year discount C&I @ 3.65%
- 2-year discount IO @ 3.79%
Self build
- 80% LTV 2-year discount @ 4.09% (<£1m)70% LTV large loan 2-year discount @ 4.65% (£1m-£2m)
Get in touch.
If you want to speak to them give a call on 0330 123 1073.
