Skipton’s ‘popular’ BTL mortgage deals offer �...

Skipton Building Society has cut rates on selected buy-to-let mortgages, as competition between mortgage lenders remains strong.

The new buy-to-let range includes a two-year fix at 1.78% for those with a 25% deposit, subject to a £995 fee.

There is also a new fee-free five-year fixed rate deal at 2.5% for those with a 40% deposit.

Both of these deals are for landlords acquiring property.

For buy-to-let landlords remortgaging, Skipton has introduced a new range of two-, three- and five-year fixed rate products.

The two-year deal at 2.63% is availble to those with a 25% deposit, while the five-year fixed rate deal at 2.45% can be accessed by those with a 40% deposit. Both deals are fee-free, while all of Skipton’s buy-to-let range offers free valuations.

Kris Brewster, head of products at Skipton, said: “Skipton’s buy-to-let deals continue to prove popular and we believe this new range offers great value for purchases and those wishing to remortgage their portfolio.”

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions.
If any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals, then the post may be deleted and the individual immediately banned from posting in future.
Please help us by reporting comments you consider to be unduly offensive so we can review and take action if necessary. Thank you.