Buckinghamshire Building Society has reduced product fees across its Credit Revive and Credit Restore residential mortgage ranges from £999 to £499, as part of its ongoing commitment to supporting borrowers with affordability pressures or historic credit challenges.
The fee reductions apply across all residential products within both ranges and are designed to help brokers support clients who may have experienced financial setbacks but are now in a stronger position to move forward.
The Society’s Credit Revive range is available up to 85% loan-to-value (LTV), with both two-year fixed and discounted rate options available. A retirement discounted product is also offered up to 70% LTV on a five-year term.
Meanwhile, the Credit Restore range is available up to 75% LTV and includes both two-year fixed and discounted products aimed at borrowers looking to rebuild their credit profile.
The ranges are designed to support applicants who may fall outside mainstream lending criteria, including those with historic missed payments, debt management plans or previous adverse credit events, while still offering a practical route back into homeownership or remortgaging.
Claire Askham, Head of Mortgage Sales at Buckinghamshire Building Society, said:
“Over the past few years, many borrowers have faced financial pressures that have left a lasting impact on their credit profile, despite now being in a much more stable position.
“By reducing product fees across both Credit Revive and Credit Restore, we’re helping brokers support clients who may already be managing affordability challenges while trying to improve their financial position.
“These products are designed to recognise that people’s circumstances can change, and that historic credit blips shouldn’t necessarily prevent someone from accessing a mortgage solution today.”
