Skipton announces launch of tracker products for buy-to-let range
www.moneynews.co.uk > Mortgages > Skipton announces launch of tracker products for buy-to-let range
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Money News |
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Skipton announces launch of tracker products for buy-to-let range
Wed 1st Jun 2011
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The building society has today (June 1st) announced the launch of a two-year buy-to-let tracker mortgage for prospective buyers, with current rates from 3.24 per cent.
Announcing the expansion of its business, Skipton revealed the new deals are available across the entire intermediary market, as well as the company branches.
Customers are able to select from 60 and 70 per cent loan to value on the fixed-rate products, which both include a completion fee of £995.
Skipton's buy-to-let products are now available to first-time landlords who can provide proof they have owned a residential property for the past six months.
Kris Brewster, head of products for the mortgage lender, said: "We now offer both variable and fixed rates on our buy-to-let mortgage range, thereby allowing customers to choose the product that is most suited to their individual circumstances."
Members of the building society recently voted in favour of the annual report and accounts, with 99 per cent of people backing the company's future plans.
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