Ipswich Building Society has withdrawn its five-year standard buy-to-let and five-year expat buy-to-let fixed rate products to “slow the inflow of applications”.
While the five-year purchase and remortgage products have been withdrawn, the society will continue to offer its two-year fixed rate products.
Ipswich said it experienced a 40% increase in overall applications over the past seven days in comparison to the previous week.
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