The Skipton cuts buy-to-let rates

Published on

The Skipton Building Society is cutting rates by up to 0.23 percentage points across its buy-to-let range which is now available for both purchase and remortgage.

The mutual’s new buy-to-let range includes five-year fixes at 2.29% to 60% LTV with £995 fee, 2.40% to 70% LTV with £1,995 fee, and 2.59% to 75% LTV with £995 fee.

The two-year fixed range includes a fee free 2.19% to 60% LTV, and the three-year range includes a 1.99% to 60% LTV with £995 fee.

Included in the refreshed buy-to-let range are fee free products offering £350 or £500 cashback dependant on length of fix. These include a two-year fix at 2.59% to 70% LTV and a five-year fix at 2.69% to 60% LTV.

All buy-to-let products offer free valuations, with certain remortgage products also offering standard legal fees.

Kris Brewster, the society’s head of products, said: “We are delighted to introduce this refreshed buy-to-let range, which can be used for both purchase and remortgage, and offer more products across varying LTVs.

“With rate reductions of up to 0.23%, we believe Skipton is offering good competitive products, with a range of completion fees providing more choice.

“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.”

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

L&C strengthens senior team with partnerships and technology hires

L&C Mortgages has expanded its senior leadership team with the appointment of Rachael Hunnisett...

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...

Together joins Equity Release Council as later life market broadens

Together has become a member of the Equity Release Council as the specialist lender...

Latest publication

Other news

L&C strengthens senior team with partnerships and technology hires

L&C Mortgages has expanded its senior leadership team with the appointment of Rachael Hunnisett...

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...