Buckinghamshire Building Society has expanded its portfolio of mortgage products to support borrowers with adverse and impaired credit.
The society stated that its new products provide extended support to those who have experienced credit issues in the past or those who are finding it challenging to secure a mortgage.
The products use a credit matrix structure, to allow the Buckinghamshire to offer a range of rates and LTVs, based on someone’s individual circumstances.
Buckinghamshire CEO, Gerard O’Keeffe, said that the approach allows “additional flexibility” to support those with varying levels of credit blips.
“We pride ourselves on the flexible approach we take to those with small credit issues, and these new products in particular continue to build on our ethos of giving back, by directly helping those most in need of support to owning their own home,” O’Keeffe commented.
“The market has changed drastically during the last two years and we are working hard to respond to the changing needs of the customer. We are continuously reviewing and improving the products we offer and look forward to announcing more new products shortly.”
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