Skipton Building Society has launched a new range of mortgages for property investors.
Rates have been reduced by up to 0.20 percentage points across the range of two, three and five-year fixed rate buy-to-let products boasts.
Fees have also been cut.
For example, the rate on its two-year fixed rate product to 70% LTV is now priced at 3.89% from 4.09%.
The new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.
Kris Brewster, Skipton’s head of products, said: “We recognise that landlords play a vital role in bringing competition and vitality to the struggling mortgage market – as well as providing private letting options for the first time buyers of the future.
