Skipton International has today unveiled its newly reduced buy-to-let (BTL) mortgage rates.
The Guernsey-licensed bank generally specialises in BTL mortgages for expats and non-UK residents and has reduced its rates on its five-year fixed rate mortgage product for the purchase of UK rental property.
The new rates, effective today, start from 5.49% (5.80% AER).
Roger Hughes, Skipton’s business development manager, said: “Despite the fluctuating economic situation, we all currently find ourselves in, it is imperative that banks like Skipton International do all that they can to assist.
“This will be a huge help to all would-be UK landlords.
“Combine this new reduced rate with Skipton’s award-winning customer service and second to none turnaround times and you’d be hard pushed to find better on the market at present.
“The product is available directly via https://www.skiptoninternational.com/uk-mortgages, or through numerous mortgage brokers worldwide.”