Skipton BS reduces buy-to-let rate - Buy To Let - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Skipton BS reduces buy-to-let rate

Skipton BS reduces buy-to-let rate

Category: Buy To Let

Updated: 20/02/2013
First Published: 20/02/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

A rate reduction of 0.10% has seen Skipton Building Society's three-year fixed buy-to-let mortgage push its way further up the best buy table.

The basics…

This deal has a fixed rate of 3.89% to 31.5.16 and has a maximum loan-to-value of 70%.

The finer details….

Investors can borrow a minimum of £25,000 and incentives of free valuation and free legal fees are offered to remortgage customers.

A fee of £750 is payable, £245 of which must be paid upfront.

Why we like it….

This competitive deal should prove popular with property investors with deposits of 30% and over. Four out of five Moneyfacts Stars have been awarded.

What next?

Speak to a BTL mortgage adviser
Compare 3 year fixed BTL mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Buy-to-let mortgage availability drops

It’s been a turbulent year for buy-to-let (BTL), with Government interventions impacting the sector and activity dampening as a result, and our latest figures reveal the largest drop in the number of available mortgage products since 2009.

Number of parent landlords on the rise

The cost of renting is on the rise, but would it cheaper if you were renting from your own parents? Many children of property moguls will hope so, and with the number of parent landlords on the rise, it’s something more and more could benefit from.

Landlords: BTL mortgage rates are still falling!

The cut to base rate has had a welcome impact on mortgage rates, and it isn’t only residential borrowers who are benefiting: buy-to-let (BTL) investors are continuing to enjoy a fall in rates, particularly those looking for a longer-term deal.
 
Close