"We’re seeing a trend of more people wanting to look at longer term fixes but the gap between the two and five year deals can be just a little bit too much"
The products are available from tomorrow for purchase and remortgage at LTVs of 60%, 75%, 85% and 90% LTV.
Rates start from 1.91% at 60% LTV, rising to 2.64% at 90% LTV, both with £500 cashback and no fee.
All products come with free valuations and free legal fees for remortgages.
Kris Brewster, Skipton’s Head of Products, said: “For many borrowers, getting the best mortgage deal available for your specific needs has never been more important in the current mortgage market.
“We’re seeing a trend of more people wanting to look at longer term fixes but the gap between the two and five year deals can be just a little bit too much for some. Offering a three-year deal bridges this a little, and gives people that extra choice and ability to lock in the current low interest rates for a little longer.”
