Skipton launches intermediary exclusives and trackers from 1.17%

Skipton Building Society is launching a new residential tracker range with rates starting from 1.17%.

Related topics:  Mortgages
Rozi Jones
29th June 2017
Skipton

Available from tomorrow, the new two-year tracker range for both new and existing customers includes a 1.17% to 60% LTV, 1.40% to 75% LTV and 1.71% to 85% LTV, all with £495 fees. Remortgage customers will be offered free valuation and standards legal fees.

A new three-year fee free retention tracker range for remortgages includes rates from 1.53% to 60% LTV, 1.73% to 75% LTV and 2.49% to 90% LTV. All come with free valuations, no early repayment charges and unlimited overpayments.

These remortgage products are only available to existing customers and intermediaries who are currently part of Skipton’s mortgage retention pilot, a service which Skipton will fully implement by the end of the year.

Fee free two-year trackers will be added to Skipton’s interest-only mortgage range at 1.58% to 60% LTV and 1.70% to 70% LTV.

The society has also launched two new five-year fixed rate products to join the range of Skipton products which are available exclusively through intermediaries.

Kris Brewster, Skipton's Head of Products, said: "Earlier this month we launched our new interest only mortgage range and cut many core residential mortgage rates, and we are now taking the opportunity to give home buyers even more choice with the introduction of our new tracker range.”

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