Buy To Let Date:
Skipton Building Society has updated its buy-to-let mortgage offerings with a new two-year fixed rate mortgage that compares favourably against market-leaders.
This two-year mortgage is competitively priced at 2.49% for second-time buyers and 2.59% for remortgagors at a loan-to-value (LTV) of 60%. A fee of £1,995 is payable.
This mortgage is only available for second-time buyers and remortgagors with a 40% deposit. Those looking to remortgage can profit from an incentive package of free legal fees and free valuation.
Flexible repayment options are offered, with overpayments of up to 10% of the outstanding balance being permitted per year.
This deal has a competitive rate for second-time buyers and is sure to pique the interest of landlords. The option to make overpayments and the reasonable fee add to this mortgage's appeal, lending it a competitive edge in the market.
Four Moneyfacts Stars have been awarded.
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