Skipton International returns to the UK buy-to-let remortgage market

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Due to Covid-19 restrictions preventing physical property valuations, Skipton International had previously stopped accepting mortgage applications.

Skipton International will initially be accepting applications for remortgages only, with a maximum loan to value of 60%.

Roger Hughes, business development manager at Skipton International, said: “Prior to the Covid-19 pandemic we were seeing strong demand from overseas residents for our UK buy-to-let mortgages.

“We hope our return to the remortgage market will provide an attractive offering for investors and demonstrate that Skipton is still very much open for business.”

Skipton International is monitoring developments and the availability of valuations with an expectation of offering mortgages for UK BTL purchases in the near future.