Skipton cuts buy-to-let rates

Sarah Davidson

February 5, 2015

Its 75% LTV range for home purchases features a 2-year fix at 3.19% and a 3-year fix at 3.68% both with a £995 fee, while it also includes a fee free 2-year fix at 3.69%.

Kris Brewster, the society’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 with lower interest rates.

“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 54 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.”

For remortgage customers to 75% LTV Skipton offers 3-year fixes at 3.55% with a £1,995 fee, 3.75% with a £995 fee and a 4.10% with no fee.

Skipton also offers a fee free 5-year fix at 4.09% to 60% LTV.

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