Buckinghamshire Building Society has reduced rates on a selection of products within its Credit Revive and Credit Restore mortgage ranges.
The changes of the lender include reductions of up to 30 basis points across five products, strengthening society’s commitment to supporting underserved borrowers through flexible lending solutions and personalized underwriting.
The Credit Revive range has seen a series of rate cuts, with the two-year fixed rate now available at 5.89% to 70% LTV and 6.19% to 85% LTV, down from 6.09% and 6.39% respectively. The Pension Option has been reduced from 5.99% to 5.85% up to 70% LTV.
The Credit Restore range has also been repriced, with the three-year fixed rate now available at 6.29% to 60% LTV and 6.69% to 75% LTV, down from 6.59% and 6.89% respectively.
All products are available for a product surcharge of €499.
Atom Bank has reduced the interest rate for its Near Prime series by 0.10%. The discounts apply across the lender’s range, covering products from 60% LTV to 90% LTV, and include both fee and fee-free options. As a result of the reductions, rates now start at 5.39% for a two-year fixed rate with a 60% LTV, with a fee of £1,995.
As well as cutting rates several times, Atom Bank has introduced a higher maximum LTV of 90% to support Near Prime borrowers with more modest deposits, and launched products with £1,500 and £1,995 fees, in response to feedback from brokers.
Leek Building Society is increasing some rates on its fixed-rate mortgage products and extending end dates for its entire product range.
These changes take effect from June 12.
The new two-year product end date is September 30, 2028 and the new five-year product end date is September 30, 2031.
Changes apply from Friday 12 June.
An overview of the updated wage rates:
For residential; 90% fixed for five years (no costs): 5.33% to 5.38%; 95% fixed for two years (£995 fees and £400 cashback): 5.52% to 5.57%; 95% fixed for five years (€400 cashback): 5.45% to 5.50%; and 95% 5 year fixed (£995 fee): 5.31% to 5.36%
95% shared ownership; two-year fixed (no fees): 5.41% to 5.51%; five-year fixed (no fees): 5.26% to 5.36%
75% public limited company BTL; two-year fixed (no fees): 5.63% to 5.73%; two-year fixed (£1,495 fee): 5.31% to 5.41%; five-year fixed (no fees): 5.48% to 5.58%; and five-year fixed (£1,495 fee): 5.39% to 5.49%
For 75% holiday lets: two-year fixed (£995 fee): 5.36% to 5.48%; and five-year fixed (£995 fee): 5.37% to 5.49%