You are here: cherry > Press releases for December 2020 > Buckinghamshire Building Society temporarily suspends new applications to deal with unprecedented demand

08 December 2020

As of Monday 7 December 2020, we are temporarily suspending new Decisions In Principles (DIPs) and will only be accepting applications where the DIP has been accepted prior to this date.

We have continued to experience very high demand across our product range. We have taken the decision to prioritise serving our brokers on cases already in our pipeline, as our operational and underwriting resources will be stretched over the Christmas period. Maintaining the quality of our service is our top priority and this temporary suspension of taking new enquiries over the holiday period is the best way we can ensure this.

Tim Vigeon, Head of Lending at Buckinghamshire Building Society, said; “We pride ourselves on offering and maintaining exceptional service standards. Our award winning product range is perhaps the widest of any small society, serving first time buyers, movers, landlords, lending into and in retirement, self build and all points in between. Our individual human underwriting approach is time consuming but ensures that we can offer our products to many borrowers who are rejected by the standard “computer says no” approach. We look forward to re-opening for new DIPs again in the new year”.

Please do not hesitate to call our team if you would like further information regarding this.

Our Key Account Managers are on hand to help:

Claire Askham (North) – 01494 418257

Julie Hanif (South) – 01494 418254

We wish all of you a very happy Christmas and everything good for 2021.