Skipton re-enters 90% LTV market

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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.”

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