Skipton extends BTL range, cuts rates by up to 29bps | Mortgage Strategy

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Skipton Building Society will launch zero-fee buy-to-let fixed-rate loans and has cut rates on other selected products by up to 29 basis points.  

The mutual will introduce a range of two-year BTL fixes, including a two-year BTL 60% LTV, with no fee, at 6.41%.  

It also launches a range of five-year BTL fixes, including a five-year BTL 60% LTV, with no fee, at 5.84%.   

And a five-year new build 95% LTV, with no fee and £500 cashback, at 6.19%.  

The business will also cut rates by up to 29 basis points on a five-year fixed-rate BTL deal, with a £995 fee.  

And will reduce rates by up to 28 basis points on a five-year 95% LTV new build product.  

The launches and rate cuts come to market on 7 November.   

The moves follow the firm’s return to the BTL market earlier this week, after temporarily withdrawing from the range in September.  

Skipton Building Society head of mortgage products Charlotte Harrison says: “It’s great to be continuing to support landlords since coming back into the BTL market on Monday by launching more products including those with no fee, as well as reductions in certain rates.” 


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