Skipton International has cut mortgage rates across its fixed rate range for UK landlords and added a new three-year mortgage product.
Meanwhile, OneFamily Group has become the latest new member of the Association of British Insurers. 
Skipton International, which sells UK buy-to-let mortgages to expatriates and non-UK residents, has reduced its five-year fixed interest rate from 5.99% to 4.99%.
A three-year correction starting at 5.89% has also begun.
Lorraine McLean, Mortgage Sales Manager at Skipton, said: “Despite fluctuating interest rates, the UK home buying and selling sector continues to perform well.
“Recent developments look promising, with the Bank of England cutting interest rates to 4.75% in November 2024, which is good news for property investors, and forecasts suggest rates could fall to 4.2% by 2026. It has been shown that there is.”
Meanwhile, One Family Group, which acquired the Beagle Street brand from BGL Insurance for an undisclosed fee in 2022, has joined the insurance industry group.
Beagle Street sells products such as life insurance and critical illness insurance.
Mutual companies, on the other hand, sell lifetime ISAs, life insurance for over 50s, and a range of savings products.
Jim Islam, CEO of OneFamily Group, added: “We are delighted to be joining the Association of British Insurers and look forward to working with them as we begin our exciting growth plans and bring Beagle Street into the brokerage space later this year.”
