Skipton joins Buy to Let Club panel

by: Carmen Reichman
  • 31/08/2016
  • 0
Skipton joins Buy to Let Club panel
Skipton Intermediaries has become the latest addition to Buy to Let Club’s mortgage panel after Nationwide and Halifax joined earlier this year.

The firm is the intermediary arm of Skipton Building Society, which has recently revamped its buy to let (BTL) fixed-term rates.

The deal will give the club’s intermediaries access to rates such as two-year fixes of 2.15% to 60% LTV and 2.49% to 70% LTV (remortgages).

On purchasing intermediaries will be able to offer a two-year fixed rate at 1.89% to 60% LTV and a five-year fixed rate at 2.99% to 70%.

All Skipton’s remortgage products also offer free valuation and standard legal fees, while purchase products include a free standard valuation.

The deal comes after a string of sign-ups to the club’s panel this year. In January it added Virgin Money and Halifax, before Nationwide joined in May. Last year it formed deals with Paragon Premier, Pepper Home Loans and Axis.

Skipton will be serviced by key relationship manager Derek Adams.

Buy to Let Club managing director Ying Tan (pictured) said: “We are delighted to be welcoming Skipton to our panel. With their competitive rates, I’m sure that this addition will be received extremely positively by our club members.”

The Camberley-based mortgage club is due to host its next two broker events in Bracknell and London in September, after a number of “successful” events so far this year.

“With so many changes in the market, we have found that brokers are keener than ever to draw upon our specialist advice and services,” Tan said.

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