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Product changes: 21 October

Written by Suffolk Building Society

21 Oct 2022

Tags

Product Changes

4 min read

Today we have withdrawn a number of products, which you can find detailed below.

As we want to play fair when making product changes we’re giving a set period of time for you to submit DIPs and FMAs for any outstanding cases on the withdrawn rates.

DIPs.

DIPs can be submitted on old rates up to 5pm on Tuesday 25 October.

FMAs.

Mortgage applications from previously submitted DIPs can be submitted up to 5pm on Friday 28 October.

Withdrawn products.

Residential:

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

Buy to let:

  • 2-year discount @ 3.45%

Holiday let:

  • 2-year discount @ 3.59%

Expat buy to let:

  • 2-year discount @ 3.99%

Expat holiday let:

  • 2-year discount @ 3.99%   

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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