UK Buy To Let Mortgages
Product Features | LTV | Minimum Loan | Interest Rate | APR | Product Fee | Application Fee | Early Repayment Charges |
Fixed rate of interest until 31 January 2026
|
Up to 70%
| £750,000 | 3.24% | 4.5% |
Fee Free*
|
£2,999 for purchases £1,999 for remortgages
|
31 January 2026
|
£250,000 | 3.74% | 4.8% | |||||
£100,000 | 4.99% | 5.3% |
With effect from 07 December 2020
* Limited time offer
Information
The minimum loan size is £100,000 and the maximum UK Buy-To-Let mortgage loan to any individual, together with connected persons is £3 million.
Following the fixed period the interest will revert to Skipton International UK Buy-To-Let follow on rate. Our UK Buy-To-Let mortgage products are portable and can be applied to a new property (subject to it meeting our criteria).
No early repayment charges following the end of the fixed period.
Interest is calculated on a daily basis and monthly payments must be made in arrears by direct debit on the first working day of each month. As with all mortgages, if the UK Buy-To-Let mortgage is repaid after the end of period, interest to the date of redemption will be payable.
Product fees are non-refundable and must be paid on application.
On fixed rate UK Buy-To-Let mortgages, lump sum payments of up to 10% may* be made early without charge each year. For the purposes of this calculation, a year is defined as starting on the commencement of the loan and on the anniversary thereafter; the amount is up to 10% of the balance outstanding on that date. This facility cannot be rolled over into subsequent years if the facility is not used in any one year.
Our UK Buy-To-Let mortgage products can be withdrawn at very short notice.
*Please note this will depend on when the product was taken.