Business Daily Media

Men's Weekly

.

Skipton International Launches Limited Company Buy-To-Let Lending

Begins 2023 by cutting interest rates on some products and offers base rate trackers

GUERNSEY - Media OutReach - 31 January 2023 - Skipton International, 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
Roger Hughes - Skipton International

According to Hamptons, a leading UK estate and letting agency and part of the Skipton Group, 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


Hashtag: #SkiptonInternational

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

About Skipton International

Headquartered in Guernsey, Skipton International is a bank wholly owned by Skipton Building Society, the fourth largest building society in the UK. We are a leading offshore bank and winner of multiple awards, including the Moneyfacts 'Best Offshore Account Provider' award 2022.

Our aim is to help customers achieve their property owning and savings goals, by offering quality products and excellent customer service.

Additional Information for Editors

Skipton International's Company Limited Buy-To-Let Lending: Maximum number of Directors is 2. There will be restrictions on Standard Industrial Classification codes (SIC codes). Maximum LTV 65%. Independent legal advice (ILA) when signing the guarantee will be recommended but not insisted upon. The underlying client(s) will need to establish a suitable property holding company (SPV) and a bank account with a UK provider in the name of the Limited Company. The application is submitted in the company name and will be supported by personal guarantee from the Directors. Pricing as personal lending. Arrangement fee GBP4,999.00 payable upon application. Security is to be a charge over the property being purchased or re-mortgaged along with a guarantee from all Directors of the Company with any guarantee to be joint and several.

Skipton International offers a range of offshore savings accounts and is one of the Channel Islands' leading mortgage lenders for residential Channel Island mortgages and UK Buy-To-Let mortgages for expats and non-UK resident nationals. It is the winner of the Moneyfacts 'Offshore Bank Account of the Year' award 2022, and the Mortgage Introducer 'Top Mortgage Employer' Award 2022.

Skipton International Limited (Skipton), registered in Guernsey: 30112, is a wholly owned subsidiary of Skipton Building Society.

Skipton is licensed under the Banking Supervision (Bailiwick of Guernsey) Law. Skipton is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for 'qualifying deposits' up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any five-year period. Full details are available on the Scheme's website www.dcs.gg or on request. To help maintain service and quality, telephone calls may be recorded and monitored.

Skipton International has a customer service rating of 4.7 / 5 according to Feefo, an independent online assessor of customer service, and is a three-times Platinum award winner as a trusted provider.

News from Asia

VinFast Indonesia to expand dealership network to 85 showrooms nationwide

JAKARTA, INDONESIA - Media OutReach Newswire - 26 July 2025 - VinFast, the Vietnamese Nasdaq-listed EV manufacturer, has officially signed agreements with 20 new dealership partners during th...

VinFast Indonesia continues to expand nationwide service workshop network

JAKARTA, INDONESIA - Media OutReach Newswire - 26 July 2025 - VinFast, the Vietnamese Nasdaq-listed pure-electric vehicle manufacturer, today announced the signing and implementation of strategic ...

HKSTP Takes Nine Game-Changing AI Tech Ventures to WAIC 2025 to Advance China's AI Plus Vision in Transforming Business and Industry

HONG KONG SAR / SHANGHAI, CHINA - Media OutReach Newswire - 27 July 2025 - Hong Kong Science and Technology Parks Corporation (HKSTP) is embarking on a mission to advance China's AI Plus vision wi...

Vietfood & Beverage - Propack Vietnam 2025: The Biggest International F&B Exhibition in Vietnam

HANOI, VIETNAM - Media OutReach Newswire - 28 July 2024 - From August 7-9, 2025, Vietfood & Beverage - Propack Vietnam 2025 - The biggest international F&B exhibition in Vietnam will offic...

Jollibee Group Evolves its Corporate Brand to Help Power Global Growth

Brand update brings to life its global purpose and positioning as a unified group of brandsMANILA, PHILIPPINES - Media OutReach Newswire - 23 July 2025 - The Jollibee Group, one of the world's fas...

Taiwan Cybersecurity Day Returns to Thailand — Showcasing Solutions for Thai Enterprises

TAIPEI, TAIWAN - Media OutReach Newswire - 28 July 2025 - As global threats become increasingly sophisticated, cybersecurity has become essential for business continuity and digital trust. Taiwan ...

AIA Hong Kong continues to lead the insurance industry with the most market No.1* in Q1 2025

HONG KONG SAR - Media OutReach Newswire - 28 July 2025 - AIA Hong Kong has once again led the industry with the most market No.1 in the first quarter of 2025, according to the Provisional Statisti...

Aifeex Accelerates Global Strategy with Seven AI Ecosystems to Lead the Future of AI Finance

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 28 July 2025 - On July 22, 2025, Aifeex hosted the “2025 Global Artificial Intelligence Summit” in Kuala Lumpur, unveiling its strategic layout o...

YBUOJ Responds to BaFin Announcement, Reaffirms Compliance Credentials and Global Regulatory Commitment

COLORADO, USA - Media OutReach Newswire - 28 July 2025 - YBUOJ has issued an official response to a recent notice from the Federal Financial Supervisory Authority of Germany (BaFin), which alleged...

AsiaInfo Technologies Integrates with NVIDIA Omniverse to Accelerate Smart Manufacturing Transformation

BEIJING, CHINA- Media OutReach Newswire - 28 July 2025 - AsiaInfo Technologies Limited ("AsiaInfo Technologies" or the "Company"; HKEX stock code: 01675), a leading provider of software products...

Landowners Offered $30,000 Per Year for Just 1 Hectare: The Rise of 5MW Battery Projects Across Australia

In a pivotal shift reshaping Australia’s renewable energy landscape, landowners in Queensland, New South Wales, and Victoria are being offered up ...

Major national security tech alliance launches with Aerologix a founding member

Australia’s leading drone intelligence pioneer bolsters sovereign tech power Australia’s leading aerial data and drone intelligence platform, Aer...

Chris Hancock AM Honoured as 2025 Communications Ambassador

SYDNEY Chris Hancock AM, former CEO of AARNet, has been awarded the prestigious Communications Ambassador title at the 2025 Telecommunications Indus...

Baby boomers are driving development feasibility leading to larger apartments

As residential developers continue to grapple with feasibility issues on apartment projects, the sector is struggling to deliver volumes of new st...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Australian Businesses Still Stuck in the AI Hype Cycle

Data Governance Failures, ROI Gaps and Unclear Strategy Slowing Progress Despite artificial intelligence (AI) dominating headlines and boardroom ag...

Sell by LayBy