Skipton International cuts BTL rates | Mortgage Strategy

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Skipton International has made a number of cuts to its buy-to-let (BTL) suite.

The products are designed for expats and non-UK residents.

Available at up to 75% LTV, all of the reduced products are five-year fixes.

The price for a loan amount from £150,000 to £250,000 has been cut from 6.69% to 5.99% and for borrowers seeking £250,001 to £500,000, the rate has been reduced from 6.29% to 5.79%.

And for loans from £500,001 to £5m, the maximum loan size the lender will consider, the rate has been cut from 5.99% to 5.49%.

None of the products outlined above charge a product fee but do carry a £1,999 application fee for purchases. Remortgages are have no product fee.


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