New retention range from the Skipton

Published on

The Skipton Building Society has unveiled a new range of retention products for existing customers, including buy-to-let and interest only, several of which will source strongly on sourcing systems.

The mutual has also launched an exclusive retention product with intermediary partners L&G, a five-year fix at 2.09% to 75% LTV, with free standard valuation.

The Skipton’s new residential retention range which includes a three-year fix at 1.74% to 60% LTV; a four-year fix at 1.99% to 60% LTV and a seven-year fix at 2.24% to 75% LTV.

Two new three-year fixes have been launched for existing buy-to-let customers at 2.64% to 60% LTV and 2.83% to 70% LTV.

Meanwhile, a five-year interest only fix is also offered at 2.20% to 60% LTV.

All the above products offer free standard valuation, and all products in these new ranges are fee free.

Kris Brewster (pictured), the Skipton’s head of products, said: “Working in partnership with brokers to offer clients access to our full range of retention and new business deals is at the heart of our strategy in 2018.

“In addition, we are delighted to partner with L&G to offer an exclusive five-year retention deal to maturing customers should that give access to a preferential rate. We believe this is the first of its kind and demonstrates our commitment to working in partnership with brokers at the point of retention.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Merry Christmas from Opus First Media!

Wishing you a Soup-er Christmas and a prosperous 2026! Between Christmas and the New Year...

Two-thirds of landlords plan to expand portfolios

Two-thirds of landlords are planning some form of growth activity in the year ahead...

High street banks line up in £2.5bn contest for Evelyn Partners

Barclays and NatWest Group have progressed to the second round of an auction for...

Improving mortgage choice and lower rates ease affordability pressures for homebuyers

Homebuyers entering the market this Christmas are benefiting from improved mortgage choice and lower...

Cynergy Bank completes first residential mortgage-backed securitisation

Cynergy Bank has completed its debut securitisation transaction, securing capital relief as it continues...

Latest publication

Other news

Merry Christmas from Opus First Media!

Wishing you a Soup-er Christmas and a prosperous 2026! Between Christmas and the New Year...

Two-thirds of landlords plan to expand portfolios

Two-thirds of landlords are planning some form of growth activity in the year ahead...

The questions I was asked most this year

Why did you join Teachers Building Society? It’s no secret that prior to joining Teachers...