Product changes: 15 December 2023

Written by Suffolk Building Society

15 Dec 2023


Expat, Product Changes

3 min read

We’re pleased to be repricing several 80% expat products , across residential and buy to let. These will be available for purchase and remortgage from Friday 15 December 2023.

New products:

  • Expat residential 2 Year Fixed C&I at 6.09%
  • Expat residential 2 Year Fixed IO at 6.44%
  • Expat buy to let 2 Year Discount at 5.99%
  • Expat 5 Year Fixed at 6.09%

As a reminder, our expat buy to let mortgages are based on these rental calculations:

2 Year Discount and Fixed – 145% at pay rate plus 2.0%, minimum 5.50%.
5 Year Fixed – 145% at pay rate.

Important news about SVR:

Discount rate products will be subject to the Society’s SVR of 8.69% effective 2 November 2023. Find out more about our SVR.

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