New BTL deals from the Skipton

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The Skipton Building Society is launching a refreshed range of fixed rate buy-to-let products, with interest rates lowered on selected products by up to 0.25 percentage points.

As well as offering a range across two and five year fixed rate terms with purchase and remortgage products priced separately at 60%, 70% and 75% LTV bands, the Society is also introducing a new three year range.

The new buy-to-let range for purchasers includes a two-year fixed rate at 1.92% to 75% LTV with £995 fee, and a five-year fixed rate at 2.83% to 70% LTV with £995 fee.

For those wishing to remortgage, the two-year fixed range includes a fee free 2.83% to 75% LTV and a five-year fix at 2.64% to 70% LTV with £1,995 fees.

Some remortgage products offer free valuation and standard legal fees while others offer free valuation and cashback. Purchase products include a free standard valuation.

Kris Brewster (pictured), the Society’s head of products, said: “We are delighted to add a new three-year range of products to our refreshed fixed rate buy to let mortgage range and to lower interest rates on selected products.

“Skipton’s buy-to-let deals continue to prove popular and we believe this new range offers great value for purchasers of buy-to-let property and for those wishing to remortgage their portfolio.”

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