Buckinghamshire Building Society has extended its credit revive range with three new products designed to support borrowers with historic credit issues, including buy-to-let (BTL) landlords and those borrowing into later life. The new additions include a BTL credit revive fixed product at 5.69% and a BTL credit limited company fix at 5.89%, both at 75% LTV. It has also launched a retirement credit revive fix at 5.79% at 70% LTV. Previously only available on residential purchase and remortgage cases, the credit revive product range supports applicants with a history of arrears, missed payments or CCJs, provided their circumstances have stabilised and they meet affordability checks.

Precise has upgraded its residential interest only proposition to give brokers more flexibility when structuring affordability solutions for customers. The specialist lender has increased interest only availability up to 75% LTV and has removed the minimum equity requirement where the repayment strategy is the sale of the property. The refreshed range offers two- and five-year fixed options, with eligibility primarily driven by LTV and the suitability of the repayment strategy. By raising LTV limits and removing equity thresholds, Precise aims to support customers looking to upsize using the sale of property as their repayment vehicle.

Hinckley & Rugby for Intermediaries has cut rates across its entire mortgage range, with rates being cut by between 0.20% and 0.30% on selected products, including its two-year discount range. The changes are targeted to support brokers in a highly competitive market, with pricing remains critical and affordability pressures continue for many borrowers. Among the cuts, Hinckley & Rugby has reduced its two-year discount product at 80% LTV to 4.50%. On its BTL range, its two-year 75% LTV fix has been cut from 5.35% and its two-year discount income flex product at 80% LTV now starts from 4.74%.

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