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Skipton improves buy-to-let offering

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  • 16/05/2012
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Skipton improves buy-to-let offering
Skipton Building Society has launched a raft of buy-to-let mortgages.

It has introduced two new two-year base rate trackers and a two-year fixed rate deal, with interest rates charged starting at 3.89%.

The two-year fixed at 3.89% is available up to 60% loan to value (LTV) and comes with an application fee of £245 and a completion fee of £2,250.

The two-year base rate tracker is available up to 70% LTV is priced at 3.69% over Base (current pay rate 4.19).

The deals come with a £245 application fee and a £750 completion fee. The two-year Base Rate Tracker available up to 75% LTV is priced at 4.09% over Base (current pay rate 4.59%) and comes with a £245 application fee and a £1,250 completion fee.

These new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.

Skipton’s head of products, Kris Brewster, said: “We’re continuing to cater for the sustained, strong private rental demand and increasing consumer interest in property investment, with these new buy-to-let products which enhance our already attractive range.”

 

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