Skipton reduces fixed rates

Starting from tomorrow, Skipton Building Society will reduce interest rates on all of its current residential 3 and 5 year fixed rate mortgages.

Related topics:  Mortgages
Rozi Jones
17th December 2014
skipton building society

Changes include a 3 year fix at 3.32% to 85% LTV and a 5 year fix at 3.76% to 85% LTV, lowering to 3.02% and 3.44% respectively if a £195 application fee and an £1800 completion fee is paid.

Fee-free options on remortgages include a 3 year fix at 2.52% to 60% LTV and a 5 year fix at 2.87% to 60% LTV.

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

“We are pleased to offer these new competitive rates on 3 and 5 year fixed rate purchase and remortgage products. It means that homebuyers and remortgage customers can have the security of fixing their mortgage payments over a longer period of time.

“By reducing the rates on our 3 and 5 year fixed products and also offering a variety of fee options, Skipton is continuing to provide products which suit a number of different borrower requirements.”

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