Online buy-to-let mortgage specialist Landlord Centre has launched a 2-year fixed rate buy-to-let mortgage with Skipton Building Society.
The initial rate of the product is 4.29 per cent, fixed for two years and is available up to 75 per cent loan-to-value (LTV) with a 1 per cent completion fee.
Free legals and valuations are available for remortgages on properties valued up to £500,000.
Andy Young, chief executive at Landlord Centre said: “We are delighted to launch this new buy-to-let mortgage with Skipton Building Society, which is highly competitive amongst 75 per cent loan-to-value products currently on offer in the marketplace.
“For those existing property investors looking to remortgage, and perhaps release equity to expand their portfolios, it could be a great choice. We are certainly expecting this product to be popular amongst our landlord customers.
“The buy-to-let mortgage market has performed well so far this year and there is a good level of competition amongst lenders. We are now seeing more lenders using exclusive products to target particular customers, which is great news for Landlord Centre and those looking to invest in buy-to-let property.”
Paul Darwin, head of intermediary sales at Skipton Building Society, added: “Skipton Building Society is keen to provide a competitive buy-to-let mortgage offering for landlords and also to support the intermediaries who write buy-to-let business with us.
“We are pleased to be able to offer this new buy-to-let mortgage with Landlord Centre, a buy-to-let specialist which consistently provides us with high quality applications from its landlord clients.”
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