Skipton cuts 'additional borrowing' rates by up to 0.34%

Skipton Building Society is launching a refreshed range of two and five year fixed rate additional borrowing products for residential and buy to let.

Related topics:  Mortgages
Rozi Jones
8th June 2016
Skipton

Rates have been lowered by up to 0.34%, with residential two year fixes from 3.65% up to 75% LTV and 4.89% to 90% LTV, and five year fixes at 4.59% to 75% LTV and 5.45% to 90% LTV.

Buy to let owners can access additional borrowing at 4.49% to 75% LTV for a two year fix, and 5.19% to 75% LTV for a five year fix.

All products have no completion fees.

Kris Brewster, Skipton’s Head of Products, said: “Whether home owners are looking to make improvements to their property or need the capital for other purposes, Skipton has a range of additional borrowing products available, with no application or completion fees to pay, providing you are an existing mortgage customer.

“We have made additional borrowing even attractive by lowering rates on our range of fixed rate products.”

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