Suffolk Building Society has reduced rates on selected holiday-let and expat holiday-let mortgages by 26bps and 25bps, respectively, effective 15 January 2026.
The society is also lowering its standard variable rate (SVR) by 25bps following the Bank of England’s decision to cut the base rate on 18 December 2025. The new SVR will come into effect on 1 February 2026.
Holiday-let reductions
80% LTV holiday-let 2-year fixed: reduced 26bps to 5.19% (previously 5.45%)
80% LTV expat holiday-let 2-year fixed: reduced 25bps to 5.64% (previously 5.89%)
In addition, reductions on expat residential products also take effect from 15 January, with extended end dates.
Expat residential reductions
80% LTV expat residential 2-year fixed capital & interest: reduced 10bps to 5.19% (previously 5.29%)
80% LTV expat residential 2-year fixed interest only: reduced 10bps to 5.39% (previously 5.49%)
90% LTV residential 2-year fixed: reduced 10bps to 5.49% (previously 5.59%)
Charlotte Grimshaw, head of intermediaries at Suffolk Building Society (pictured), said: “Last week we announced significant criteria enhancements for brokers and their customers, so it's great to be able to also move rates and SVR in the right direction.
“There are multiple reasons expats may choose to own a property in the UK. An expat holiday let can be the best of both worlds – it's a source of income, while also offering a flexible UK base, for up to 60 days, for expats when they’re in the country.”
