Asian Spectator

Men's Weekly

.

Skipton International Launches Limited Company Buy-To-Let Lending

  • Written by Skipton International
GUERNSEY - Media OutReach[1] - 31 January 2023 - Skipton International[2], the award winning Guernsey-licensed bank, has announced the launch of limited company buy-to-let lending giving customers an additional financing option for growing UK property portfolios.

Roger Hughes - Skipton International
According to Hamptons, a leading UK estate and letting agency and part of the Skipton Group[3], purchases of UK property via company structures increased by nearly 40 per cent. From September 2021 to September 2022, 50,445 new companies were set up in the UK to hold buy-to-let property: the second highest figure in any 12-month period.

"The UK property market continues to demonstrate resilience and is an attractive investment option for international investors. By introducing limited company buy-to-let lending, these investors can now expand and simplify the management of their existing UK property portfolio," said Roger Hughes, Business Development Manager, Skipton International.

Skipton International's Limited Company buy-to-let lending product is, for now, limited to two properties only, and is for the principal activity of buying and holding residential investment properties. The minimum loan size is GBP250,000 and interest rates start from 4.9 per cent (5.8 per cent annual percentage rate) on loans of GBP500,000 and above.

"Introducing limited company buy-to-let lending together with our sterling and US dollar savings accounts, competitive borrowing and lending rates, reaffirms Skipton's commitment to offering innovative products and services to our global customers," added Hughes.

Rates Cut for Some Mortgage Products, Reintroduces Base Rate Trackers

In mid-January 2023 , Skipton International cut interest rates on several mortgage products by up to .30 per cent. This includes its five year fixed rate at 90 per cent LTV with a rate of 5.49 per cent (was 5.79 per cent). For remortgages, there is a five year fixed rate also at 5.49 per cent and fee free.

Also, this month, Base Rate Trackers were reintroduced. A 3 year tracker UK buy-to-let mortgage starts from a minimum base floor of 3.00%; Skipton International's lowest current rate.

For more information about limited company lending, buy-to-let mortgages and rates, visit www.skiptoninternational.com[4]

Hashtag: #SkiptonInternational

The issuer is solely responsible for the content of this announcement.

References

  1. ^ Media OutReach (www.media-outreach.com)
  2. ^ Skipton International (www.skiptoninternational.com)
  3. ^ Skipton Group (www.skipton.co.uk)
  4. ^ www.skiptoninternational.com (www.skiptoninternational.com)

Authors: Skipton International

Read more https://www.media-outreach.com/news/hong-kong/2023/01/31/195695/

Magazine

Revisi KUHAP: Kuasa polisi makin besar, warga makin terpojok?

(Algi Febri Sugita/Shutterstock)● Revisi KUHAP berisiko membuat polisi menjadi lembaga superbody.● Aturan penangkapan hingga penyitaan dalam revisi KUHAP bisa membuat polisi menjadi sewena...

Trinitas bagian dari misteri Allah, tapi kita bisa memahaminya dengan perspektif filsafat

Ilustrasi jendela kaca yang menggambarkan doktrin Trinitas dalam bahasa Latin dengan simbol lingkaran dan segitiga.Nancy Bauer/Shutterstock● Konsili Nicea I menegaskan hakikat Yesus Kristus dan ...

Estetika penting untuk konservasi, riset buktikan keindahan terumbu karang bisa diukur dan dipulihkan

A healthy coral reef in Sulawesi, central Indonesia. Cut Aja Gita Alisa, CC BY-NC-NDMengapa orang-orang begitu peduli dengan terumbu karang? Mengapa kerusakan terumbu karang memicu keresahan dan kemar...