Skipton Building Society has reduced rates by up to 0.28 percentage points across its buy-to-let range.

Its new buy-to-let range for purchases includes a two-year fixed rate at 1.67% to 60% LTV and a five-year fixed rate at 2.93 to 70%, both with £995 fees.

For those looking to remortgage, the two-year fixed range includes a 1.69% to 60% LTV and a 1.99% at 70% LTV, both with £995 fees.  All remortgage products offer free valuation and standard legal fees, and all purchase products include a free standard valuation.

Yesterday, Skipton reduced rates on three fee free five-year residential products, including 2.08% to 75% for purchases, and 1.91% to 60% LTV for those wishing to remortgage.

Kris Brewster, the Society’s head of products, said: “We are delighted to launch this refreshed fixed rate buy-to-let mortgage range offering lower interest rates. In the present environment of ultra low interest rates, buy-to-let would seem to be a more and more attractive proposition for potential landlords.

“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.”