Lender cuts rates to allow landlords to borrow more
Suffolk Building Society is reducing rates on its buy-to-let and holiday-let mortgages to help landlords manage financial pressures, including tax changes and rising interest rates. The society aims to improve borrowing ability without requiring a five-year fixed rate. Key reductions include rate cuts of 10 to 11 basis points across several two-year fixed products, extending their availability until August 2027. Expat buy-to-let remains a significant focus for the lender, with flexible criteria and manual underwriting supporting brokers in this complex market.