Buy-to-let
Skipton Building Society is launching a refreshed range of fixed-rate products from today (23 October).
The Society will offer an extended range across all current fixed-rate terms (two, three, five and seven years) with purchase and remortgage products now priced separately, new loan-to-value (LTV) bands and no-fee, low-fee and high-fee options at every LTV segment.
The Society is also adding new deals at 50 per cent LTV to offer customers with substantial equity or large deposits access to competitive rates.
As part of the extension to its mortgage range, Skipton is introducing a suite of new fixed-rate products too, including a fee-free three-year fixed rate to 85 per cent LTV at 3.55 per cent for purchasing customers; a two-year fixed rate to 90 per cent LTV at 3.57 per cent with a fee of £1,995 for purchasing customers; and a fee-free five-year fixed rate to 60 per cent LTV at 3.18 per cent for remortgaging customers.
Kris Brewster, Skipton’s head of products, comments:
“Whether it’s your first property or your fifth, buying a home is one of the biggest financial commitments you will ever make. No two people are the same when it comes to looking at financial circumstances, needs and preferences for a mortgage.
“So we’ve listened to homebuyers and brokers and have extended our award winning mortgage range to give people much more choice and as many different options as possible to help suit their many different needs.”
