Skipton launches New Build residential range

Skipton Intermediaries has today revealed details of a new residential product range to support its recently announced New Build proposition.

Related topics:  Mortgages
Rozi Jones
18th May 2015
new build house home mortgage

The new proposition encompasses a range of product, policy and service improvements, including an increase in maximum LTV on New Build flats to 85% LTV. The products announced today all include free upfront valuations and, in some cases, up to £1,000 cashback on completion

They include 2 year fixes at 1.69% to 60% LTV, 1.99% to 75% LTV and 4.49% to 90% LTV, and 5 year fixes at 2.69% to 60% LTV, 2.99% to 75% LTV and 4.79% to 90% LTV.

Paul Darwin, Skipton’s Head of Intermediary Relationships, said:

“We believe our new build residential products offer attractive rates and will help both first time and second time buyers who are looking to move up the housing ladder.

“All Skipton’s residential new build applications are now given a free valuation, instructed as soon as we receive the fully packaged case. We believe this will increase our speed of service and further demonstrates our commitment to meeting the real life lending needs of our customers.  

“Skipton Intermediaries has launched this new build offering to meet the needs of brokers and their clients, ensuring they can offer a great deal, along with some seriously speedy service.

“We’ve been working hard to deliver brokers our best new build proposition , with attractive deals from 60% up to 90% LTV on houses and even 85% LTV on flats, alongside  a dedicated new build team, who can answer any of your queries quickly.”

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