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.

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.”

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.