Skipton International reduces mortgage rates for Buy-To-Let and adds new Three-Year product

Skipton International has reduced mortgage rates across its UK Buy-To-Let fixed rate range and added a new three-year mortgage product. In short:

• Reduced Rates: New business 5-year fixed rates now start at 4.99%.
• New Products: A 3-year fixed rate has been introduced, starting at 5.89%.

The reductions have been applied across the mortgage product range, including for both purchase and remortgage applications, with effect from Monday 13^th January.

“The UK’s buy-to-let sector has remained strong despite interest rate fluctuations,” explains Lorraine McLean, Skipton’s Mortgage Sales Manager. “Recent developments look promising, and the Bank of England’s November 2024 rate cut to 4.75% signals good news for property investors, and projections indicate rates may fall to 4.2% by 2026. The market continues to grow steadily with high rental demand and landlord profitability potential reaching great heights.”

Skipton International’s new rates are also available to the bank’s global network of brokers in addition to direct applications. For further information, visit: England, Scotland and Wales Buy-To-Let mortgages