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Notification of fixed rate product changes

Written by Suffolk Building Society

18 May 2022


Product Changes

3 min read

We’re making changes to some of our fixed rate products for shared ownership and expat buy to let, plus for shared ownership adding a £199 application fee. These changes are effective Thursday 19 May.

Shared ownership:
90% 5-yr increased by 0.10%, now 3.35%
• 95% 5-yr increased by 0.09%, now 3.89%

Expat buy to let:
• 5-yr increased by 0.04%, now 3.99%

Application fee:
• £199 application fee now applicable to all shared ownership products

End date changes:
• May 2024 end dates have been moved to June 2024.

To help you with these product changes we’re offering a set period of time to submit DIPs and FMAs, after the products have been withdrawn.

DIPs can be submitted up to 5pm on Friday 20 May.

Mortgage applications from these previously submitted DIPs can be submitted up to 5pm on Tuesday 31 May.

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