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.”
