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Skipton increases rates on BTL range by up to 0.30%

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  • 09/03/2012
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Skipton increases rates on BTL range by up to 0.30%
Skipton Building Society has increased interest rates on its buy-to-let range of two-, three-year fixed rate deals by up to 0.30%, with prices now from 3.99%.

Its two-year fixed rate buy-to-let deal up to 70% LTV has increased by 0.10% to 3.99% with a £2,250 completion fee, and up 0.30% to 4.59% with a £750 completion fee.

The three-year fixed rate up to 70% LTV with a £1,050 completion fee has also risen 0.30% to 4.59%.

However, the five-year fixed rate up to 70% LTV with a 2% completion fee and no application fee has had its rate cut by 0.10% to 4.89%, while the same deal with a completion fee of £2,250 remains priced at 4.59%.

Alls deals except the five-year fix with percentage fee have an application fee of £245.

Skipton’s head of products, Kris Brewster, said: “Although the rates have increased slightly compared to our previous offering, we believe this range remains competitive and flexible compared to the marketplace.”

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