Good news for BTL remortgage customers at Skipton

29th February 2016

Skipton Building Society has launched a refreshed range of fixed-rate buy-to-let products with interest rates cut by up to 0.18%.

Its new buy-to-let range for purchasers includes five-year fixed rates at 3.69% up to 70% loan-to-value (LTV) and 3.89% up to 75%, both with £995 fees.

For those wishing to remortgage, the two-year fixed range includes a 2.19% rate up to 60% LTV with a £1,995 fee, a 2.49% rate up to 60% LTV with a £995, and a fee-free 3.19% rate up to 60% LTV. The five-year range includes a fee-free rate of 4.17% up to 75% LTV.

All remortgage products offer free valuation and standard legal fees, and all purchase products include a free standard valuation.

Kris Brewster, the Skipton’s head of products, said: “We believe the range offers great value for purchasers of buy-to-let property and for those wishing to remortgage their portfolio.

“We have a total of 36 products in our buy-to-let range to give landlords and potential landlords plenty of choice and as many different options as possible to help suit their many different needs.”

*2 year fixed with TSB 1.09% then 3.59% - APRC is 3.3% Max LTV is 60%. Quoted on 27th May 2020.