Buy to Let

IF YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE A 'RECEIVER OF RENT' MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED. MOST BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FCA.

Coronavirus (COVID-19) update

Last updated: Thursday 26 March

In light of latest government instructions around the coronavirus (COVID-19) situation, the market is temporarily suspending all face-to-face property valuations. This means we are temporarily unable to offer any new mortgages for residential or buy-to-let purchases, and may not be able to proceed with remortgage applications requiring a physical valuation.

We will continue to update this message as the situation develops and hopefully will have products to offer you in the near future.

If you want to borrow to invest in property and buy a house to let, you'll need a Buy to Let mortgage.

Buy to Let mortgages can be fixed rate or variable rate. To qualify for one of our mortgages, the property will need to achieve a minimum rental income in relation to the mortgage payment. Our Buy to Let mortgages enable landlords to build a portfolio of up to 5 properties, with a total borrowing of £3,000,000, with the Society.

Financial Services Compensation Scheme

Your eligible deposits with Skipton Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

Learn more about the FSCS

FSCS - Protecting Your Money

*To help maintain service and quality, some telephone calls may be recorded and monitored.

Site intended for UK residents only. Skipton Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 153706, for accepting deposits, advising on and arranging mortgages and providing Restricted financial advice. Principal Office, The Bailey, Skipton, North Yorkshire, BD23 1DN.

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