The mutual’s 2-year fixed rate at 70% loan to value has seen its rate cut from 4.09% to 3.89% with an application fee of £245 and completion fee of £2,250.
A low fee version of the product also exists at 4.29% with an application fee of £245 and a reduced completion fee of £750 down from £995.
Skipton has also launched a 3-year fixed rate at 4.29% available at 70% LTV with an application fee of £245 and completion fee of £1,050.
Also new to the range is a 5-year fixed rate deal at 4.59% available at 70% LTV with an application fee of £245 and completion fee of £2,250.
Kris Brewster, head of products at Skipton, said: “We recognise that landlords play a vital role in bringing competition and vitality to the struggling mortgage market, as well as providing private letting options for the first-time buyers of the future.
“That’s why we’ve worked hard to cater for their needs with a competitive and varied range of product options since re-entering this market a year ago.
“We’re constantly listening to customer feedback and these latest products reflect some of the features they’ve said they want including a choice of fee arrangements as well as even more competitive rates.”
