Skipton enhances BTL mortgage range

The two base rate trackers are available to the whole intermediary market at 60% and 70% LTV and at rates starting from base +2.74% and base + 3.09% respectively.

Kris Brewster, Skipton’s head of products, said: “We're delighted to be able to further enhance our buy-to-let offering with these attractive new products which will improve the choice available for consumers and now for the whole of the intermediary market as well. 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.

"We returned to buy-to-let lending earlier this year in line with our mutual commitment to helping people to achieve their varied homeownership aspirations, and hope the criteria changes which coincide with this new product launch will make property investment possible for even more people.

"We believe this is an excellent time to consider becoming a landlord, with rental demand soaring due to limited mortgage availability and indications that people are increasingly looking to rent until later in their lives, in keeping with the more European model of homeownership."