LETTING & ESTATE AGENT

Skipton extends BTL mortgage range

Skipton extends BTL mortgage range

Skipton building society has launched a refreshed range of fixed rate buy-to-let products designed to give landlords even more choice.

The society will offer an extended range across two, three and five-year fixed rate terms with purchase and remortgage products now priced separately, 60% to 75% LTV bands and no, low and high fee options at every LTV segment. Each product has been designed to ensure landlords and potential landlords can select the best deal at their chosen LTV band.

The society’s new buy-to-let range for purchasers includes a fee free two-year fixed rate to 60% LTV at 3.09%, a fee-free two-year fixed rate to 75% LTV at 3.79%, and a three-year fixed rate to 70% LTV at 3.59% with a fee of £995.

For those wishing to remortgage, the range includes a five-year fixed rate to 60% LTV at 3.99% with a fee of £995.

Kris Brewster, Skipton’s head of products, said: “Thanks to our prudent approach to lending, buy-to-let has always been a valuable and high-performing part of our mortgage portfolio. Our buy-to-let deals continue to prove popular and we are delighted to offer this refreshed fixed rate BTL mortgage range.

"We believe the range offers great value for purchasers of buy-to-let property and for those wishing to remortgage their portfolio.

“We now have a total of 54 products in our buy-to-let range to give landlords and potential landlords much more choice and as many different options as possible to help suit their many different needs.”

Full details of Skipton’s extended buy-to-let mortgage range can be found at http://www.skipton.co.uk/mortgages