It has launched a set of 2 and 3-year fixed rate deals up to 70% LTV (previous maximum was 60% LTV), building on its initial offering with rates reduced by up to 0.30% and a simplified application process.
Kris Brewster, head of products, said: “We’ve experienced significant interest since returning to the buy-to-let space just over a month ago. This has helped us to gain further insight into the current buy-to-let marketplace and the kind of things potential borrowers are looking for, enabling us to further enhance our range with this new set of highly competitive products.
“We believe the buy-to-let sector is a vital component in the housing market’s gradual return to good health and we’re continuing to do our bit – as a mutual – to provide product solutions which help people to achieve their homeownership aspirations in this arena.”
The experience of Skipton’s estate agency business, Connells Group, has recently echoed market sentiment that the landlord sector is experiencing a resurgence.
