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Skipton launches new buy-to-let products

Five new buy-to-let intermediary-only mortgage products have been introduced by Skipton Building Society.

Among the new products for purchase or remortgage, which include free valuations, is a 60% loan-to-value (LTV) five-year fixed rate product at 1.79% with a £2,995 arrangement fee.

In addition, the lender has launched a 60% LTV five-year fixed rate deal at 2.16%, as well as a 75% LTV five-year fix at 2.51%. Both products include a £495 fee.

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A 60% LTV five-year fix at 2.54% and a 75% LTV five-year at 2.92% have also been released. The two deals have no fees and £1,000 cashback.

It is also worth pointing out that free legals are offered on remortgage products with fees.

Alex Beavis, head of mortgage products at Skipton Building Society, commented: “We are delighted to introduce these new intermediary-only buy-to-let products.

“All five products will land in the ‘best buy’ tables offering great value for purchasers of BTL property and for those wishing to remortgage their portfolio.”

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