Skipton revamps mortgage deals

Skipton Building Society is reducing rates on selected buy-to-let and residential mortgages.

The ‘refreshed’ buy-to-let range includes a two-year fix at 1.78 per cent (up to 75 per cent LTV). This deal has a £995 fee.

It also has a new fee-free five-year fix at 2.5 per cent (60 per cent LTV). Both of these deals are for landlords purchasing property.

For landlords remortgaging, Skipton launched a new range of two-, three- and five-year fixes. These include a two-year fix at 2.63 per cent (75 per cent LTV) and a five-year fix at 2.45 per cent (60 per cent LTV). Both are fee free.

All Skipton’s buy-to-let range offer free valuations.

Skipton is also reducing rates by up to 0.24 per cent on its residential five-year fixes. This includes a fee-free deal at 2.65 per cent up to 90 per cent LTV for those buying a new home.

Its remortgage range includes a 2.19 per cent rate (at 85 per cent LTV) with a £995 fee.

Skipton’s head of products Kris Brewster says: “Skipton’s buy-to-let deals continue to prove popular and we believe this new range offers great value for purchases and those wishing to remortgage their portfolio.”

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