The changes include enhancements to the lender’s expat buy-to-let (BTL) range, where rates now start from 5.44% for a 2-year discount at 80% loan-to-value (LTV).
The Tipton & Coseley Building Society has updated its mortgage range, reducing rates by up to 0.14% across several products and launching a number of new deals, including variable rate options.
The changes include enhancements to the lender’s expat buy-to-let (BTL) range, where rates now start from 5.44% for a 2-year discount at 80% loan-to-value (LTV).
The range also includes a 5-year fixed rate at 5.68% and a 3-year fixed rate at 5.98%, both available up to 80% LTV.
For limited company buy-to-let purchases, the Tipton has introduced a 2-year fixed rate at 5.55% up to 80% LTV, alongside new 3- and 5-year fixed options.
The products are available to both UK-based applicants and expats living or working overseas.
The lender has also expanded its Credit Plus range, designed for borrowers with minor credit issues who fall outside standard lending criteria.
Rates now start from 5.49% for a 2-year discount at 80% LTV, while the rate on its 2-year fixed deal has been reduced from 6.09% to 6.04%.
Further reductions have been made across later life lending products.
A 3-year retirement interest-only fixed rate at 60% LTV has been cut from 6.04% to 5.90%, with the same rate also available for later life purchase at 70% LTV.
Within its standard residential range, the society has reduced the rate on its fee-free 3-year fixed mortgage at 90% LTV by 0.11% to 5.99%.
Andy Millard, head of intermediary distribution at the Tipton, said: “There’s a renewed sense of energy within the market and it’s important for us to maintain a competitive position, especially within those segments where our Society has proven expertise.
“We’ve made notable improvements across much of our mortgage range, so brokers can present more options to their clients and help them in achieving their goals.”