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.

Product changes: 13 October

Written by Suffolk Building Society

13 Oct 2022

Tags

Product Changes

4 min read

After the temporary measure to pause our lending activity we are now pleased to return with more new deals, bringing you options for residential, buy to let and holiday let all to 80% LTV.

Our short time out of the market enabled us to reduce our service times to a comfortable level, so we can give a positive service to you and your clients. Click here to view our latest SLAs.

Criteria update: going forward the Society will no longer accept top slicing applications (formerly available on buy to let products).

New products.

Residential 80% LTV:

  • 2-year discount C&I @ 2.69%
  • 3-year discount C&I @ 2.79%
  • 2-year discount IO @ 2.99%
  • 3-year discount IO @ 3.09%

Buy to let 80% LTV:

  • 2-year discount @ 3.45%

Holiday let 80% LTV:

  • 2-year discount @ 3.59%

Important news about SVR:

Discount rate products will be subject to the Society’s SVR change to 6.34% effective 1 November 2022. For information about our SVR and how this has changed in response to base rate movement click here.


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