According to the lender, as well as offering a range across two and five year fixed rate terms with purchase and remortgage products priced separately at 60%, 70% and 75% LTV bands, the Society is also introducing a new three year range.
The Society’s new buy-to-let range for purchasers includes a 2-year fixed rate at 1.92% to 75% LTV with £995 fee, and a 5-year fixed rate at 2.83% to 70% LTV with £995 fee.
For those wishing to remortgage, the 2-year fixed range includes a fee free 2.83% to 75% LTV and a 5-year fix at 2.64% to 70% LTV with £1,995 fees.
Some remortgage products offer free valuation and standard legal fees while others offer free valuation and cashback. Purchase products include a free standard valuation.
Kris Brewster, the Society’s Head of Products, said: “We are delighted to add a new 3-year range of products to our refreshed fixed rate buy to let mortgage range and to lower interest rates on selected products. Skipton’s buy to let deals continue to prove popular and we believe this new range offers great value for purchasers of buy to let property and for those wishing to remortgage their portfolio.”
