New three-year fixes from the Skipton

Published on

The Skipton Building Society is adding new three-year fixed rate purchase and remortgage products to its residential core range.

The mutual is introducing a refreshed range of residential mortgages with rates lowered on certain products by up to 0.34 percentage points.

New fee-free three-year fixes for purchase and remortgage are offered at 1.94% to 75% LTV, 2.19% to 85% LTV and 2.54% to 90% LTV.

For remortgages only, there is also a new two-year fix at 2.24% to 80% LTV, and five-year fixes at 2.14% to 60% LTV and 2.38% to 80% LTV, all with £350 cashback.

For purchasers, the refreshed range of residential products includes a two-year fix at 2.16% to 90% LTV and a five-year fix at 2.74% to 90% LTV, both with £995 fees.

On the remortgage side, products include a two-year fix at 2.59% to 90% LTV and a five-year fix at 2.95% to 90% LTV, both fee free.

All purchase and remortgage products offer free valuations, while some remortgage products also include free standard legals or £350 cashback.

These new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.

Kris Brewster, Skipton’s head of products, said: “This refreshed core range offers products across a wide range of short-term and longer-term fixed residential mortgages, both for new buyers and those wishing to remortgage. We continue to offer fee and rate options to suit a number of different borrower requirements.”

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

Hope Capital strengthens portfolio management with new servicing division and internal promotion

Hope Capital has overhauled its portfolio management operation with the launch of a dedicated...

SortRefer relaunches summer broker competition

SortRefer has confirmed the return of its summer initiative, ‘Show Us Your Merch’, following...

Access FS launches new mentoring scheme

Access Financial Services has formally launched a new mentoring programme designed to support recently...

Novium adds L&G’s critical illness cover to sourcing platform

Advisers using Novium’s protection sourcing platform can now quote Legal & General’s critical illness...

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Hope Capital strengthens portfolio management with new servicing division and internal promotion

Hope Capital has overhauled its portfolio management operation with the launch of a dedicated...

SortRefer relaunches summer broker competition

SortRefer has confirmed the return of its summer initiative, ‘Show Us Your Merch’, following...

Access FS launches new mentoring scheme

Access Financial Services has formally launched a new mentoring programme designed to support recently...