You are here: Home - News -

Skipton BS cuts BTL rates and Mansfield BS introduces high value remo product

by:
  • 16/07/2019
  • 0
Skipton BS cuts BTL rates and Mansfield BS introduces high value remo product
Skipton Building Society has refreshed its range of buy to let (BTL) fixed rate deals with a rate reduction of up to seven basis points (0.07 per cent) available from 17 July.

 

The range covers two year fixes at 1.58 per cent up to 60 per cent loan to value (LTV) with a £1,995 fee, and for 75 per cent LTV the rate is 1.92 per cent and fee £995.

The five-year fix rate is 1.99 per cent up to 60 per cent LTV with a fee of £1,995.

All the offers are available for purchase and remortgage.

“We want all new and existing customers to benefit from these competitive rates and from a quick and positive experience,” said Alex Bevis, Skipton BS head of mortgage products.

 

Mansfield BS remortgage deals up to £1m

Mansfield Building Society has introduced a remortgage product for loans up to £1m on a capital repayment or interest-only basis. 

The deals are available up to 70 per cent LTV for sums of £750,000 to £1m and up to 75 per cent LTV for sums of £500,000 to £750,000. The offer covers downsizing, retirement lending and self-employed applicants.

The two-year discounted rate is 2.75 per cent, or three per cent below the standard variable rate, during the initial term, with an application fee of £199 and a completion fee of £1,300. The deal includes a free basic valuation for properties up to £1m and free fast-track legal fees through a nominated solicitor.

“We assess each application case-by-case, and know how much brokers appreciate talking to us about unusual or quirky aspects before submitting,” said Paul Lewis, Mansfield BS national development manager.

 

There are 0 Comment(s)

You may also be interested in

Read previous post:
Primis agrees Knowledge Bank tie-in

Primis Mortgage Network will be offering Knowledge Bank’s mortgage criteria search system to all its members.

Close