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Skipton reduces buy-to-let rates

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06/02/2015

Skipton Building Society has refreshed its buy-to-let mortgage range, cutting its fixed rate products for purchase and remortgage.

The new range is available from today, Friday 6 February, and includes a two-year fixed rate at 3.19% and a three-year fix at 3.68%. Both products are available up to 75% loan-to-value with a £995 fee.

A fee-free two-year fix is also launched at 3.69%, also available up to 75% loan-to-value.

For landlords looking to remortgage a three-year fix is on offer at 3.55% with £1,995 fee, 3.75% with £995 fee and without fees at 4.10%. All products are available up to 75% loan-to-value. All come with free valuation and standard legal fees included.

Kris Brewster, Skipton’s head of products, said: “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 BTL mortgage range with lower interest rates.

“We believe the range offers great value for purchasers of buy-to-let property and for those wishing to remortgage their portfolio.

“We have a total of 54 products in our buy-to-let range to give landlords and potential landlords plenty of choice and as many different options as possible to help suit their many different needs.”

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