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Skipton BS cuts BTL LTV to 75%

Skipton Building Society has cut its maximum loan to value on its buy to let products from 85 per cent to 75 per cent with immediate effect.

It says that any broker who has been involved in its “online” pilot must send cases that are over 75 per cent LTV to its Mortgage Service Centre by 12.00pm tomorrow with the printed copy and support documentation being received close of business Friday 18 April.

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