Skipton increases B2L rates

Skipton Building Society has increased rates on some of its buy-to-let mortgages as a result of swap rate rises.

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The lender’s two-year fix at 60% LTV with a £245 application fee and £995 completion fee is increasing from 3.99% to 4.09%, while the same product at 70% LTV is going up from 4.19% to 4.39%.

Furthermore, its two-year fix at 70% LTV with no application fee and a completion fee of £2,495 is increasing from 3.79% to 4.09%.

Skipton’s buy-to-let five-year fixed rate and two-year base rate trackers remain unchanged.

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