Skipton re-enters buy-to-let market

Skipton has re-entered the buy-to-let market and reduced rates across its residential range.

Two-year fixed rate buy-to-let products start from 5.90% at 60% LTV and 5.96% at 75% LTV, while five-year fixes are available at 5.89% and 5.92% respectively, all with a £995 fee.

Skipton is also making reductions across its five-year residential range, as well as introducing new deals with no fee options.

A number of remortgage products are being refreshed including three and five-year fixed rate residential products, and a five-year fixed buy-to-let product.

At 60% LTV, a five-year fixed rate residential product is available at 5.63% with no fee, while a £995 fee alternative has been reduced from 5.81% to 4.43%.

At 95% LTV, a five-year fix has launched at 5.88% with no fee.

Charlotte Harrison, head of mortgage products at Skipton, 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 able to be back in the buy-to-let market following a short break with some new products for landlords. It’s also great to see us reducing rates on our five-year fixes."