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TODAY'S OTHER NEWS

Skipton returns to remortgage lending for international buy-to-let investors

Skipton International has returned to remortgage lending for overseas buyers looking to invest in the UK buy-to-let market. 

Skipton International had recently stopped accepting mortgage applications due to Covid-19 restrictions preventing physical property valuations. 

Skipton International will initially be accepting applications for remortgages only, with a maximum loan to value of 60%.

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Roger Hughes, business development manager at Skipton International, commented: “Prior to the Covid-19 pandemic we were seeing strong demand from overseas residents for our UK buy-to-let mortgages.

“We hope our return to the remortgage market will provide an attractive offering for investors and demonstrate that Skipton is still very much open for business.”

 

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