Buckinghamshire BS launches new 95% LTV product

Buckinghamshire Building Society have launched a new first-time buyer mortgage product.

Related topics:  Mortgages
Rozi Jones
16th March 2022
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"We are ready to work with our broker community to process new cases and help their clients to secure their first home."

The five-year fixed rate is availavle at 3.85% up to 95% LTV. The mortgage has a product fee of £350 and is available across England and Wales on a limited tranche.

To further help applicants, it is now possible to accept gifted deposits from parents and grandparents when applying for this mortgage.

The Society recently launched a new enhanced affordability calculator on its website, powered by Legal & General.

Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: “It is rewarding to be able to continue to support first-time buyers with this new product.

"We are confident that the competitive interest rate, fixed for five years, will make it a popular product for our broker’s clients. We are ready to work with our broker community to process new cases and help their clients to secure their first home.”

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