View more on these topics

Skipton cuts buy-to-let rates by up to 0.28%

Scissors-Cut-Tailor-Measure-Measurement-700.jpg

Skipton Building Society is tomorrow cutting buy-to-let rates by up to 0.28 per cent.

The lender’s new buy-to-let range for purchases includes a two-year fixed rate at 1.67 per cent to 60 per cent LTV and a five-year fixed rate at 2.93 per cent to 70 per cent.

Both have £995 fees.

For remortgage customers, Skipton’s two-year fixed range includes a 1.69 per cent to 60 per cent LTV option and a 1.99 per cent at 70 per cent LTV, both with £995 fees.

All remortgage products have free valuations and standard legal fees, and all purchase products include a free standard valuation.

Yesterday, Skipton reduced rates on three fee-free five-year residential products.

These now include 2.08 per cent to 75 per cent for purchases, and 1.91 per cent to 60 per cent LTV for those wishing to remortgage.

Skipton Building Society head of products Kris Brewster says: “We are delighted to launch this refreshed fixed rate buy-to-let mortgage range offering lower interest rates.

“In the present environment of ultra low interest rates, buy to let would seem to be a more and more attractive proposition for potential landlords.”

Recommended

Skipton appoints former broker to role of intermediary relationship manager

Skipton Building Society has appointed Tracey Nash as intermediary relationship manager for the London area. Nash joined the society in March 2017 and previously worked as a broker within the mortgage arm of an IFA firm based in Kent.   During her near 20-year career, Nash has gained experience across the mortgage market including in direct customer advice, intermediary mortgage […]

Home-House-Money-Property-700x450.jpg

Skipton unveils fresh interest-only range

Skipton Building Society has unveiled a new interest-only mortgage range and has cut rates on many existing residential mortgages. The new interest-only range is available at 60, 70 and 80 per cent LTV to house purchase and remortgage customers. The purchase range includes a fee-free two-year fix at 1.66 per cent to 60 per cent […]

UK: mid-year review and outlook

By Mark Martin, manager of the Neptune UK Mid Cap Fund, and Scott MacLennan, manager of the Neptune UK Opportunities Fund H1 2014• Equity markets continued to show strength: despite a strong rally in 2013 driven by a market-wide re-rating, equity markets continued to generate positive returns for investors. Economic activity continued to be stimulated […]

Newsletter

News and expert analysis straight to your inbox

Sign up