With rates starting as low as 1.74%, they offer something for a variety of borrowers, from those with smaller deposits to those who have built up significant equity over the years. The range includes 2-, 3- and 5-year fixes up to 90% LTV, tracker rates, and buy to let products.
These new products are available through the Society's Skipton Direct customer service centre, branches and all intermediaries, apart from their two-year fix to 90% LTV with £160 cashback, which is only available direct from the Society.
Their two former two-year fixes to 60% (2.09%) and 70% (2.19%) LTV, with free valuations, have been withdrawn.
Kris Brewster, Skipton's Head of Products, said:
“We’re delighted to launch this new range, which we believe continues our strong track record of catering for a wide range of borrower needs in a competitive way.
“We’ve tried to be creative in increasing the choice we offer borrowers, with a variety of high, low and fee free options – as well as solutions for people with different levels of equity and deposits.
“The introduction of the high fee/low rate products to our range is a new move for the Society, and we hope these will appeal to people borrowing larger sums, for whom this can represent a really good value option.”
