Skipton re-enters BTL market and reduces five-year residential rates

Published on

Skipton Building Society has re-entered buy-to-let lending and also reduced rates across its five-year residential range.

The society has made reductions across its five-year new business range, as well as introducing new deals with no fee options available.

A number of remortgage products have been refreshed including three and five-year fixed rate residential products, and a five-year fixed year buy-to-let product.

Some of the deals include:

  • Five-year fix at 5.63% to 60% loan-to-value (LTV), with no fee, available to residential customers
  • Five-year fix at 5.88% at 95% LTV, with no fee, available to residential customers
  • 5Y 60% £995 fee product at 5.43% reduced from 5.81%

Charlotte Harrison, Skipton’s head of mortgage products, said: “I’m pleased we’re once again able to continue expanding the range to support more new customers to the Society alongside balancing the service we provide to existing customers.

“It’s great to be able to be back in the buy-to-let market following a short break with some new products for landlords. It’s also great to see us reducing rates on our five-year fixes.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...

Rental yields rise across England and Wales as buy-to-let market enters more volatile period

Rental yields increased annually in every region of England and Wales in the first...

Pure Retirement targets introducer growth with new adviser marketing tools

Pure Retirement has launched a suite of introducer-focused resources aimed at helping advisers expand...

Latest publication

Other news

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...