Skipton cuts buy-to-let remortgage rates

Posted on Monday, February 9 by Joy Tibbs

Skipton Building Society has launched a revised range of fixed-rate buy-to-let (BTL) purchase and remortgage products.

The society’s new BTL range for purchasers includes a two-year fixed rate at 3.19% up to 75% loan-to-value (LTV) with a £995 fee; a fee-free two-year fix at 3.69% up to 75% LTV and a three-year fix at 3.68% up to 75% LTV with a £995 fee.

Its three-year fixed-rate remortgage range includes a 3.55% up to 75% LTV with a £1,995 fee; a 3.75% up to 75% LTV with a £995 fee; and a fee-free deal at 4.1% up to 75% LTV. The five-year range includes a fee-free remortgage deal at 4.09% up to 60% LTV. All these deals are offered with free valuations and standard legal fees.

Kris Brewster, Skipton’s head of products, said: “Thanks to our prudent approach to lending, buy-to-let has always been a valuable and high-performing part of our mortgage portfolio. Our buy-to-let deals continue to prove popular and we are delighted to offer this refreshed fixed-rate BTL mortgage range with lower interest rates.

“We believe the range offers great value for purchasers of buy-to-let property and for those wishing to remortgage their portfolio.

“We have a total of 54 products in our buy-to-let range to give landlords and potential landlords plenty of choice and as many different options as possible to help suit their many different needs.”

Add Your Comment
Name (required)
Email (required - will not be published)
Estimated property value
Mortgage Balance
free guides & tools
latest news

The 0.25% increase to the Bank of England base rate will mean an average rise…Read more »

Teachers Building Society has launched a new fee-free two-year fixed-rate intermediary-exclusive remortgage deal at 1.79%.

Read more »

Remortgaging was responsible for a record proportion of valuations in August, according to new figures…Read more »

popular searches