Online buy-to-let mortgage specialist Landlord Centre has launched a two-year buy-to-let fixed rate mortgage with Skipton Intermediaries.
The initial rate of the mortgage is 4.49 per cent, which is fixed for two years and available up to 75 per cent loan-to-value (LTV), with a 1 per cent completion fee.
Landlord Centre chief executive Andy Young said: “The product is highly competitive in the 75 per cent loan-to-value bracket and the low lender fee should make it particularly attractive. For those seeking a remortgage deal for an existing buy-to-let property, this is an excellent option with a free valuation and no legal fees.”
Skipton Building Society head of intermediary sales Paul Darwin added: “The buy-to-let market is in good shape at the moment with many opportunities for residential property investors.
“We continually monitor our buy-to-let product range to ensure that we can meet the needs of landlords and this new product should be popular with those looking for a fixed rate.
“Landlord Centre’s specialist expertise in the buy-to-let mortgage market should help to ensure that we received good quality applications and the desired level of new business with this product.”
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