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

The Darlington trims mortgage rates by up to 20bps

Darlington Building Society has reduced selected rates across its residential, specialist residential, shared ownership,...

Brokers review sourcing technology as demand grows for connected systems

Mortgage brokers are increasingly reassessing their technology stacks, with sourcing systems emerging as the...

Rosemount expands internship programme with two Cardiff Business School students

Rosemount Financial Solutions (IFA) has welcomed two new interns from Cardiff Business School as...

West Brom cuts shared ownership mortgage rates

West Brom Building Society has reduced selected shared ownership mortgage rates by up to...

House prices edge lower again in May, Halifax says

UK house prices were broadly unchanged in May, with Halifax reporting a second consecutive...

Latest publication

Other news

The Darlington trims mortgage rates by up to 20bps

Darlington Building Society has reduced selected rates across its residential, specialist residential, shared ownership,...

Brokers review sourcing technology as demand grows for connected systems

Mortgage brokers are increasingly reassessing their technology stacks, with sourcing systems emerging as the...

Rosemount expands internship programme with two Cardiff Business School students

Rosemount Financial Solutions (IFA) has welcomed two new interns from Cardiff Business School as...