Suffolk Building Society will reintroduce four 5-year fixed rate mortgages from tomorrow, 30th April 2026.
The products are available for purchase and remortgage, each with a £199 application fee and a £999 completion fee.
The range includes a 5-year fixed rate residential mortgage at 5.75% up to 90% loan-to-value (LTV), a 5-year fixed rate buy-to-let (BTL) mortgage at 5.79% up to 80% LTV, a 5-year fixed rate BTL light refurb mortgage at 5.89% up to 80% LTV, and a 5-year fixed rate holiday let mortgage at 5.85% up to 80% LTV.
Charlotte Grimshaw, head of mortgage intermediaries at Suffolk Building Society, said: “For many it’s a difficult time, financially.
“Two groups facing significant challenges are landlords and first-time buyers, so we’re glad to be providing more buy to let and high LTV options.
“By offering 5-year fixed rates, we’re providing an option of longer rate security, combined with improved affordability or rental coverage.”