The mortgages are a range of highly competitive two year fixed rate deals offered on LTVs of 70%, 80% and 90%. Rates on the new products start from just 1.94%. All products come with a free valuation and legal fees for those re-mortgaging and free valuation for purchase customers.
Martyn Smith, head of mortgage products, Legal & General Network, says:
“This is a very competitive and comprehensive portfolio of semi-exclusives from Skipton Building Society, offering a wide range of rate and fee combinations. Brokers will be able to help their customers find the best option based on their loan requirements and personal preferences. The added incentives make these products even more attractive and will no doubt prove popular with our Mortgage Club members.”
Paul Darwin, Head of Intermediary Sales at Skipton Building Society, says:
“We have a strong relationship with our distributors and continually design products in response to their feedback about specific requirements. In line with this, we’re delighted to come to market with these semi exclusive products which offer something for a range of different needs, with a triple tier of fee options – from high to medium and no fee. This also recognises that people have different requirements depending on their geographical location and, as a consequence, may need an alternative product structure, including options for both rate and fee.
“By adopting a more flexible approach, we are recognising the importance of greater customer choice.”
