Skipton launches fee-free buy-to-let range and cuts five-year rates

Skipton has announced a series of new products and existing rate cuts across its residential and buy-to-let ranges.

From Monday, new two and five-year fee-free buy-to-let products will be introduced to the range alongside a rate reductions of up to 0.29% on a five-year fixed rate buy-to-let product with a £995 fee.

Across the fee-free range, a two-year fixed rate is available at 6.41% and a five-year fix at 5.84%, both at 60% LTV.

Further reductions have also been made to Skipton’s residential range with the reduction of 0.28% on a five-year 95% new build product, now available at 6.19%.

Today’s announcement follows Skipton’s launch back into the buy-to-let market this week.

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 continuing to support landlords since coming back into the buy-to-let market on Monday by launching more products including those with £0 fee, as well as reductions in certain rates. We hope this, alongside our other recently announced reductions will help those looking to get a mortgage.”