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

Brilliant racks up a memorable afternoon for charity

Brilliant Solutions was on cue at Rileys as 70 players and several late arrivals...

Rayner rules out rent controls

Housing Secretary Angela Rayner has ruled out rent controls in England, providing greater certainty...

Mortgage Brain adds Uinsure home insurance quotes to CRM platform

Mortgage Brain has integrated Uinsure with CRM Brain, allowing brokers to arrange buildings and...

Nationwide and Accord the latest to increase rates

Mortgage borrowers have been urged to review their options after Nationwide and Accord increased...

Four in five first-time buyers say schools failed to teach mortgage basics

Almost four in five UK first-time buyers believe their education failed to prepare them...

Latest publication

Other news

Brilliant racks up a memorable afternoon for charity

Brilliant Solutions was on cue at Rileys as 70 players and several late arrivals...

Rayner rules out rent controls

Housing Secretary Angela Rayner has ruled out rent controls in England, providing greater certainty...

Mortgage Brain adds Uinsure home insurance quotes to CRM platform

Mortgage Brain has integrated Uinsure with CRM Brain, allowing brokers to arrange buildings and...