BTL rate cuts from Skipton
At 75% loan to value the 2-year fixed rate is now 3.88% and the 2-year tracker will run at 3.30% above base rate, both with an application fee of £245 and a completion fee of £750.
Kris Brewster, Skipton’s head of products, said: “We’re delighted to take this further opportunity to reduce the rates on some of our buy-to-let 2-year fixed and tracker products.”
Further highlights at 70% LTV include a base rate tracker of 3.10% and a fixed rate of 3.68%.
Overpayments of up to 10% per annum are allowed without charge and free standard legals and valuations are available on all remortgage products.
Brewster said: “Today’s reductions are a further signal of our intent to continue lending strongly during 2013.”