90% LTV member exclusive deal at Buckinghamshire BS
28 September 2020
We are pleased to announce a new Buckinghamshire Building Society member-exclusive product range at 90% LTV. This supports those who have been a member of Buckinghamshire Building Society for 12 months or more.
At Buckinghamshire Building Society, we are more determined than ever to support our existing members in these difficult times and to recognise your loyalty and support for us. Whether you are a member because of your savings accounts with us, or because of your mortgage with us, we believe that we can continuously give you more value for that membership.
Gerard O’Keeffe, CEO at Buckinghamshire Building Society has commented; “Right now, as you will be aware, it is very difficult to access mortgages without very large deposits. Many lenders have withdrawn high LTV mortgages. We would like to provide an option exclusively for our members (and their families) to allow them access to a 90% LTV mortgage product. We know that this is meeting a real need, particularly for first-time buyers and young people looking to get a foothold on the property ladder, who can afford mortgage repayments but do not have the larger upfront deposits now required in the market. We will be making this product available only to our members and their families, but we will assess every case individually to ensure that the mortgage is suitable and appropriate to individual circumstances.”
To qualify for our member-exclusive products, either the applicant or an immediate family member of the applicant must have been a Buckinghamshire Building Society member for a minimum of 12 months prior to application. Immediate relatives can be either children, parents, grandparents, or even grandchildren.
You will see more details of this exclusive member service on our website: https://www.bucksbs.co.uk/intermediaries/bbs-member-exclusives/
We hope that our members will find this to be a valuable benefit from their membership in these unprecedented and difficult times.
|
PRODUCT |
INITIAL RATE |
DISCOUNT FROM SVR |
FOLLOW ON RATE |
APRC |
MAX LTV |
ERC |
APP FEE |
PROD FEE |
|
F724 Member fixed rate to 29/4/2023 |
3.39% |
n/a |
4.74% |
4.5% |
90% |
3% to 28/02/22; |
£0 |
£999 |
|
D124 Member 3 year discount |
2.99% |
1.75% |
4.74% |
4.4% |
90% |
1.5% year 1; 1% year 2; 0.5% year 3 |
£0 |
£999 |
