Skipton Building Society is launching a refreshed range of fixed-rate buy-to-let products designed to give landlords more choice.
From today the Society is offering an extended range across two-, three- and five-year fixed-rate terms with purchase and remortgage products now priced separately, 60 per cent to 75 per cent loan-to-value (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 per cent LTV at 3.09 per cent, a fee-free two-year fixed rate to 75 per cent LTV at 3.79 per cent and a three-year fixed rate to 70 per cent LTV at 3.59 per cent with a fee of £995.
For those wishing to remortgage, the range includes a five-year fixed rate to 60 per cent LTV at 3.99 per cent with a fee of £995.
Kris Brewster, Skipton’s head of products, comments:
“’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 buy-to-let 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.”
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