Skipton re-enters 90% LTV market

Published on

The Skipton Building Society has moved back into the 90% loan to value (LTV) market with three new deals.

The new products are a residential five-year fix at 3.47% to 90% LTV with a £995 fee and 3.62% with no fee both available for purchase and remortgage.

Alex Beavis (pictured), head of mortgages at the Skipton, said: “Skipton has been helping people to secure their own homes since 1853 and throughout the pandemic we have continued to help home-owners across the UK to do just that.

“We’re delighted to be able to return to the 90% LTV market, supporting movers, remortgagors and most importantly, first time buyers, with low deposit borrowing.

“We know that the availability of high LTV mortgages is vital to the wider health of the housing market and the launch of these new 90% deals forms part of our continued effort to help more people realise their dreams of homeownership.”

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

Chetwood Bank merges sales teams for ModaMortgages and CHL Mortgages for Intermediaries

Chetwood Bank has merged the sales operations of its two intermediary-facing brands, ModaMortgages and...

UK house prices edge down in May, reports Halifax

UK house prices fell slightly in May, according to the latest Halifax House Price...

Newcastle for Intermediaries expands shared ownership lending

Newcastle for Intermediaries has broadened its shared ownership mortgage offering by opening access to...

The Darlington unveils 95% LTV Rate Reducer for non-London new-build

Darlington Building Society has launched a suite of five-year fixed-rate mortgages offering up to...

Lendco products now live on Mortgage Brain platforms

Specialist buy-to-let lender Lendco has joined Mortgage Brain’s Sourcing Brain and Criteria Brain platforms. The...

Latest opinions

FCA wants to streamline mortgage rules, but advice still matters more than ever

The Financial Conduct Authority wants to simplify the rules around mortgages. In principle, that...

Seven things mortgage lenders can do to help landlords

As a mortgage broker, I receive countless emails from buy-to-let mortgage lenders boasting about...

Are you considering all product options for your customers?

Despite the ups and downs of the world’s money markets, today the UK Mortgage...

Execution-only or (Consumer) Duty of care? The FCA can’t have it both ways

Thankfully, there has been a growing amount of interest and analysis of the FCA’s...

Other news

Chetwood Bank merges sales teams for ModaMortgages and CHL Mortgages for Intermediaries

Chetwood Bank has merged the sales operations of its two intermediary-facing brands, ModaMortgages and...

UK house prices edge down in May, reports Halifax

UK house prices fell slightly in May, according to the latest Halifax House Price...

Newcastle for Intermediaries expands shared ownership lending

Newcastle for Intermediaries has broadened its shared ownership mortgage offering by opening access to...
Advertisement