BTL mortgage range enlarged at Skipton
Skipton has announced that from 6th November it will be launching a refreshed range of fixed rate buy-to-let products.
The Society will offer an extended range across two, three and five year fixed rate terms with purchase and remortgage products now priced separately, 60% to 75% LTV bands and no, low and high fee options at every LTV segment. Each product has been designed to ensure landlords and potential landlords can select the best deal at their chosen LTV band.
The Society’s new buy-to-let range for purchasers includes a fee free 2-year fixed rate to 60%LTV at 3.09%, a fee free 2-year fixed rate to 75%LTV at 3.79% and a 3-year fixed rate to 70%LTV at 3.59% with a fee of £995.
For those wishing to remortgage, the range includes a 5-year fixed rate to 60%LTV at 3.99% with a fee of £995.
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.
We believe the range offers great value for purchasers of buy to let property and for those wishing to remortgage their portfolio.
We now have a total of 54 products in our but to let range to give landlords and potential landlords much more choice and as many different options as possible to help suit their many different needs.”
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