"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."
Skipton’s new Help to Buy purchase range includes a fee free two-year fixed rate at 2.05% available to 75% LTV with free upfront valuation and £500 cashback.
Five-year fixes are available at 2.12% up to 60% LTV with a £995 fee and free valuation, and fee free at 2.38% to 60% LTV and 2.57% to 70% LTV.
The Society’s new buy-to-let range for purchasers includes a two-year fixed rate at 1.99% to 60% LTV and a three-year fixed rate at 2.69% to 70%, both with £995 fees.
From today, Skipton is also launching a new two-year fixed rate remortgage range from 60% to 90% LTV which offers £250 cashback and free valuations.
New remortgage products include a two-year fixed rate at 1.83% to 60% LTV and 2.26% at 70% LTV, both with £995 fees. All remortgage products offer free valuation and standard legal fees, and all purchase products include a free standard valuation.
Kris Brewster, the Society’s Head of Products, said: “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.
“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. We are delighted to offer lower rates on selected products in our Help to Buy range.”
