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

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Skipton BS refines buy-to-let rate

Skipton BS refines buy-to-let rate

Category: Buy To Let

Updated: 31/08/2012
First Published: 29/08/2012

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 It is now over 6 months old so the content may be out of date.

Following a review of its fixed buy-to-let mortgage range, Skipton Building Society has reduced its two year fixed rate by 0.30%.

The basics…

This product offers investors with deposits of 25% or over a rate of 4.49% to 30.9.14. The minimum advance is £25,000 and a flat arrangement fee of £1,495 is payable.

The finer details….

Remortgage borrowers are treated to the incentives of a free valuation and free legal fees, whilst the opportunity to make overpayments of up to 10% of the outstanding balance is offered to all customers.

Why we like it…

As well as a highly competitive rate of 4.49% to 30.9.14, this deal offers a good all round package to buy-to-let investors looking to keep initial costs to a minimum. As a result this product has been awarded four out of five Moneyfacts stars.

What Next?

Find the best buy to let mortgages
at moneyfacts.co.uk.

Mortgage advice can be particularly important in the context of buy to let. An experienced mortgage adviser will have the in-depth market knowledge to help you find the most suitable mortgage. Simply
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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 Any products featured may be withdrawn by their provider or changed at any time.

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