Skipton is launching two three-year intermediary exclusive buy-to-let products.
The lender is offering two three-year remortgage buy-to-let products available at 60 per cent and 75 per cent loan-to-value (LTV).
The buy-to-let deal at 60 per cent LTV is set at 2.49 per cent fixed to 30 November 2019, with a £995 fee.
The buy-to-let deal at 75 per cent LTV is 2.6 per cent fixed to 30 November 2019, also with a £995 fee.
Kris Brewster, Skipton’s head of products, said: “It is great that once again we can bring to the market another couple of competitive products for all our broker partners.
“We spend a great deal of time listening to our intermediary partners, and they’re telling us they want more options for buy-to-let clients. These two new products compliment perfectly our existing suite of products, and I’m sure will be very popular.”
Jake Rogoff, mortgage adviser at Active Brokers, said: “Skipton’s new rates are some of the most competitive in the industry.
“Along with the great service they provide this is definitely the way the market should be going.
“We can only hope other lenders will follow this lead and keep driving costs down for landlords to help cushion the pending tax changes.”
