Fraudsters are encouraging savers to move their money into higher risk cryptocurrency investments. Skipton does not endorse any cryptocurrency investments.
Be cautious of uninvited investment offers. If something doesn’t feel right, trust your instincts and take the time to investigate.
You may be eligible for a Buy to Let mortgage with Skipton if you meet the below criteria:
Want to know more about our Buy to Let lending criteria? Chat to a member of our mortgage team on 0345 607 9825.
When paying off a Buy to Let mortgage, many landlords choose Interest Only – where you just pay the interest each month. You don’t have to pay anything off your mortgage loan until your mortgage term ends – when you’ll still owe your full loan and any charges added on.
Before taking out an Interest Only mortgage, it’s important that you have a suitable repayment plan in place to make sure you can pay off your loan at the end.
Discover more about Interest Only mortgages.
Not only do we offer Interest Only mortgages – we also have full repayment and part Interest Only part repayment options available.
You could lose your property if you don't keep up your mortgage payments and/or repay your balance and any charges at the end of your term. Most Buy to Let mortgages aren’t regulated by the Financial Conduct Authority.
Use our quick Mortgage Product Finder to find a product that could be right for you.
Use our Affordability Calculator to develop a rough idea – based on your income and outgoings.
Our friendly mortgage team can see if you’re eligible for one of our Buy to Let mortgages, which will include running a soft credit check. If you could afford a mortgage with us, we’ll work out a suitable option for you and start your application.
Yes – depending on your situation and eligibility.
Remortgaging is when you move your mortgage from one lender to another. If you’re sticking with the same lender and just moving from one deal to another, it’s a product switch.
Discover more on remortgaging and how we could help you, or chat to our mortgage team on 0345 607 9825.
Depending on your situation, you may be able to do this – our mortgage team can find out for you on 0345 607 9825.
It’s important to remember that if you want to start letting your property out, you often can’t stick with a standard residential mortgage. We’re here to help you find a suitable Buy to Let product for you and talk through your options with Skipton.
If you want to switch your mortgage from repayment to Interest Only – you need to have an acceptable repayment plan in place (such as enough equity in your rental property)
If you want to switch your mortgage from Interest Only to repayment – you may be able to do this with a residential property only.
For more information, call our mortgage team on 0345 607 9825.
You could lose your property if you don't keep up your mortgage repayments. Most Buy to Let mortgages aren't regulated by the Financial Conduct Authority.
