New buy-to-let fixes from the Skipton

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The Skipton Building Society is offering a refreshed range of fixed rate buy-to-let products with interest rates lowered on certain  products by up to 0.18 percentage points.

The mutual is 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’s new buy-to-let range for purchasers includes five-year fixed rates at 3.69% to 70% LTV and 3.89% to 75%, both with £995 fees.

For those wishing to remortgage, the two-year fixed range includes a 2.19% to 60% LTV with £1,995 fee, a 2.49% to 60% LTV with £995 and a fee free 3.19% to 60% LTV. The five-year range includes a fee free 4.17% to 75% LTV. All remortgage products offer free valuation and standard legal fees, and all purchase products include a free standard valuation.

Kris Brewster (pictured), the Skipton’s head of products, said: “Thanks to our prudent approach to lending, buy-to-let has always been a valuable and high-performing part of our mortgage portfolio. Our buy-to-let deals continue to prove popular and we are delighted to offer this refreshed fixed rate buy-to-let mortgage range with lower interest rates.

“We believe the range offers great value for purchasers of buy-to-let property and for those wishing to remortgage their portfolio.

“We have a total of 36 products in our buy-to-let range to give landlords and potential landlords plenty of choice and as many different options as possible to help suit their many different needs.”

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