22nd February 2016
Skipton Building Society is launching a revamped range of fixed rate buy-to-let mortgages with interest rates lowered on some deals by up to 0.18%.
From Tuesday 23 February, Skipton is offering a range across two and five year fixed rate terms with purchase and remortgage products priced separately at 60%, 70% and 75% LTV bands.
Its new buy-to-let range for purchasers includes five-year fixed rates at 3.69% to 70% LTV and 3.89% to 75%, both with £995 fees.
For those wishing to remortgage, the two-year fixed range includes a 2.19% to 60% LTV with £1,995 fee, a 2.49% to 60% LTV with £995 and a fee free 3.19% to 60% LTV.
The five-year range includes a fee free 4.17% to 75% LTV. All remortgage products offer free valuation and standard legal fees, and all purchase products include a free standard valuation.
Skipton’s head of products, Kris Brewster, said: “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 36 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.”