Skipton launches resi and buy-to-let products

Michael Lloyd

May 16, 2019

Skipton Intermediaries has launched eight intermediary-only products for purchases, remortgages and buy-to-let tomorrow.

They include two buy-to-let products for purchase and remortgage, a 5-year fixed rate at 2.09% to 60% loan-to-value and a 5-year fix at 2.49% to 75% LTV, both with £995 fees. The rest are residential.

Alex Beavis, Skipton’s head of mortgage products, said: “We’ve created these intermediary-only exclusives after listening and talking to our supporting brokers. They provide additional choice of product type and term to our core range and we expect them to be very popular.

“Skipton is committed to building mutually strong relationships with our valued professional partners and so we’re delighted to announce the release of these competitive residential and buy-to-let intermediary-only products.”

The residential products for purchases and remortgages include ERC-free 2-year base rate trackers for purchase and remortgage. They are offered at 1.39% to 60% LTV and 1.59% to 75%.

Furthermore, there’s four 5-year fixes for purchase and remortgage, a fee-free 1.99% to 60% LTV, 1.84% to 60% LTV with £995 fee, 1.78% to 60% LTV with £1,995 fee, and 2.09% to 80% LTV with £995 fee.

All eight products offer free valuations for purchase and remortgage, while free legals are offered to those remortgaging.

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