The Skipton increases rates on selected products

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Skipton Building Society

Skipton Building Society has launched a new residential mortgage range.

It includes a variety of two, three and five year fixes, as well as two-year discounted rate products, with a choice of fee and rate ‘blends’.

Meanwhile, the mutual has withdrawn its selection of two-year base rate tracker products, which will not be replaced until further notice.

All remaining product end dates are being extended to 31 August in the respective years (2016, 17 and 19).

Other than this, the buy-to-let and Help to Buy ranges are unaffected, apart from extending the buy-to-let end dates to August.

Kris Brewster, the Skipton’s head of products, said: “We’re pleased to offer this new product range, which offers fee and rate options to suit a number of different borrower requirements.

“We have had to increase the rates on selected products to reflect market swap rate trends, but have ensured that the new range remains attractive, with options for a range of borrowers from ordinary residential homeowners to landlords and those wanting to access the government’s Help to Buy scheme.

“We’re continuing to lend strongly, in line with our commitment to doing everything to help borrowers, and the ongoing popularity of our products is a reflection of that.”

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