Skipton cuts rates by up to 0.30%

Skipton Building Society will today reduce rates on selected 2, 3 and 5 year residential and buy to let fixed rate mortgages.

Related topics:  Mortgages
Amy Loddington
23rd July 2014
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Rates on Skipton’s fixed rate products are being lowered by as much as 0.30% as the Society continues to offer real value and a welcome helping hand to homebuyers.

The product range includes a new 2 Year Fixed Rate at 3.39% to 85% LTV with a £495 fee and a 5 Year Fixed Rate mortgage at 4.99% to 90% LTV with a £995 fee.

Kris Brewster, the Society’s Head of Products, said:

“We’re pleased to announce rate reductions on a number of fixed rate mortgages across a range which offers fee and rate options to suit a number of different borrower requirements.

“The wide range of products we now have on offer at very competitive rates means that Skipton is well-placed to help anyone in the residential housing market.

“We’re continuing to lend strongly, in line with our commitment to doing everything to help borrowers, and the ongoing popularity of our products is a reflection of that.

“By lowering rates on a number of products over 2,3 and 5 years, up to 90% LTV, we are creating more value and choice for our customers who have worked hard to build equity or have a substantial deposit.”

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