Suffolk Building Society makes rate reductions across 80% LTV mortgage products

Suffolk Building Society has repriced several of its 80% loan-to-value (LTV) 2-year and 3-year products, effective from today (21st November).

The repriced fixed rate products are available for purchase and remortgage.

In addition, the lender introduced new products, also available from today.

This includes capital and interest products: 80% LTV 2-year fix at 5.49%; 80% LTV 3-year fix at 5.49%; 80% LTV 2-year fix interest-only at 5.99%.

Suffolk also introduced an 80% LTV holiday let 2-year fixed product at 6.29%, and an expat holiday let 80% LTV 2-year fix at 6.49%.

The lender also added expat residential products at 80% LTV – a 2-year fixed capital and interest product at 6.25%, and a 2-year fixed interest-only product at 6.60%.

Suffolk also added an expat buy-to-let (BTL) 2-year fix at 6.29%, and standard BTL 2-year fix at 6.19%, each at 80% LTV.

This followed the announcement earlier today, that Suffolk Building Society had reentered the shared ownership market with the launch of new products.

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