We’re currently working on our BTL calculator in light of our recent criteria changes. We hope to have this back up and running soon but if you need any help in the meantime, please contact your BDM or the Helpdesk on 0330 123 1073.

New residential mortgage products and end dates

Written by Suffolk Building Society

17 Jan 2024

Tags

Product Changes

4 min read

We’re repricing, and extending the fixed rate end dates, on some of our residential mortgages. These include shared ownership and self build. We’re happy to take any criteria-related questions. Either contact your BDM or call the team on 0330 123 1073.

New residential products

Residential – 80% (Max loan £1m)

  • 3 Year Fixed C&I at 5.09%
  • 2 Year Fixed C&I at 5.19%
  • 2 Year Fixed IO at 5.79% (Max loan £350k)

Residential – 90% (Max loan £500k)

  • 3 Year Fixed at 5.39%
  • 2 Year Fixed at 5.49%

Self Build

  • 80% Eco Self Build 2 Year Discount at 5.99% (Max loan £1m)
  • 80% Self Build 2 Year Discount at 6.09% (Max loan £1m, completion fee £1,499)
  • 70% Self Build Large Loan 2 Year Discount at 6.19% (Max loan £2m, completion fee 0.15%)

Shared Ownership – 90% (Max loan £500k)

  • 2 Year Fixed at 5.99% (no completion fee)

Across all other products, unless stated otherwise:

  • Available for purchase and remortgage.
  • Application fee of £199 and a completion fee of £999

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