Skipton cuts additional borrowing rates by up to 0.50%

Skipton Building Society has launched a new range of two, three and five year fixed-rate additional borrowing products for residential and buy-to-let.

Related topics:  Mortgages
Rozi Jones
6th February 2017
Skipton

Rates have been lowered by up to 0.50% and now start from 3.50% at 75% LTV or 3.79% at 90% LTV for a two year fix.

Five year fixes start at 4.15% to 75% LTV and 4.29% to 90% LTV.

Buy-to-let rates start at 3.64% to 75% LTV for a two year fix and 4.39% to 75% LTV for a five year fix.

All products come without 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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