To qualify for one of our members products, either the applicant or an immediate family member of the applicant has been a Buckinghamshire Building Society member for a minimum of 12 months prior to application.
Immediate relatives can be either children, parents, grandparents, grandchildren - please ensure members account number, name and relationship are entered in the notes section of the DIP & Application Form.
Any existing borrowers looking to switch products should contact our mortgage team.
To qualify for one of our members products, either the applicant or an immediate family member of the applicant has been a Buckinghamshire Building Society member for a minimum of 12 months prior to application.
Immediate relatives can be either children, parents, grandparents, grandchildren - please ensure members account number, name and relationship are entered in the notes section of the DIP & Application Form.
Any existing borrowers looking to switch products should contact our mortgage team.
A mortgage of £86,150 payable over 20 years initially on a fixed rate of 3.39% until 29/02/2024 and then on our Standard Variable Rate, currently 4.74%, for the remaining period, would require 36 payments of £500.66 followed by 204 payments of £554.36.
The total amount payable would be £131,521.20 made up of the loan amount plus interest (£43,939.20) plus a product fee (£999), valuation fee (£160), legal fees to your solicitor (£148), fees transfer fund (£25) and exit fee of (£100).
The overall cost for comparison is 4.5% APRC representative.
Other charges may be made in respect of mortgage services. See our Fees Guide for details.
This product accepts our standard credit criteria click here for details
Early Repayment Charges as detailed below are payable on any lump sum or full redemption repaid over 10% of the capital balance.
During the early repayment charge period lump sum overpayments up to 10% of the capital balance per annum may be made without attracting an early repayment charge. Should the total of lump sum overpayments exceed 10% within this period, the excess will attract an early repayment charge.
The amount we lend will be based on our assessment of affordability. Income multiple cap is 4.5 x first income plus 3.5 x second income or 4 x the joint income.
This mortgage is available on a capital and interest repayment basis or interest only with a suitable repayment vehicle. Payments must be made monthly by direct debit.
The minimum age is 18 for all applicants. There is no maximum age. Cases are considered on individual circumstances.
Minimum loan size £25,000 - restrictions apply.
Maximum loan size £500,000 up to 90% loan to value
The maximum mortgage term is 40 years dependent on individual circumstances.
We recommend that the applicant has buildings insurance on the property. It is not a requirement to buy any insurance through Buckinghamshire Building Society.
This product is portable, meaning that if the applicant moves home they can take it with them, subject to our lending criteria at the time.
Standard construction houses or flats. For leasehold properties the Society requires a minimum unexpired period of 85 years at the time of purchase and at least 55 years unexpired lease remaining after the expected redemption date. Flats over 4 storeys may be considered on an individual basis but are not acceptable if they are local authority or ex-local authority.
Interest is calculated daily on the balance outstanding and added to the account the following month.
Click to enter your activation key and choose from our latest member exclusive mortgage products. If you have any questions please check out our FAQ or contact us on 01494 879500
If you are an existing customer and would like to discuss your current mortgage please call our team on 01494 879500.
In order to apply for one of our mortgages you need to contact a mortgage broker. Mortgage Advice Bureau works with us to provide our customers with expert mortgage and protection advice. To find out more visit Mortgage Advice Bureau