New tracker range from the Skipton

Published on

Skipton Building Society has launched a new range of tracker mortgages, with a range of fee options, including higher LTV products with no completion fees.

At 60% LTV, Skipton is offering a two-year base tracker at Bank Base Rate (BBR) + 1.48% (currently 1.98%) for two years from completion. There is a an application fee of £195 and a completion fee of £1,800.

Alternatively, it is offering a BBR plus 1.88% (currently 2.38%) tracker for two years from completion, with an application fee of £195 and a completion fee of £800.

At 75% LTV, there is a tracker at BBR plus 2.18% with a completion fee of £800 or BBR plus 2.48% with no completion fee. Both come with a £195 application fee.

Skipton is also offering trackers at 80% and 85% LTV.

There are early repayment charges with all the deals of 3% of capital repaid plus interest to the end of the month.

Overpayments of up to 10% per annum allowed without penalty and free legals and valuations are available for re-mortgages.

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

Kris Brewster, Skipton’s head of products, said: “As part of our commitment to increasing lending throughout 2011

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

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...