Skipton revamps New Build and HTB ranges

Skipton Building Society is cutting rates up to 0.34% on 2 year New Build products at 90% LTV and is also launching a simplified Help to Buy range.

Related topics:  Mortgages
Rozi Jones
11th May 2016
Skipton

The New Build products all include free upfront valuations and include 2 year fixes from 2.85% to 90% LTV and 5 year fixes from 3.79% to 90% LTV.

Skipton’s new simplified Help to Buy range includes purchase products between 60% and 80% LTV, with 2 year fixes ranging from 1.79% - 2.65% and five year fixes between 2.59% - 3.19%.

New remortgage products cover 70% and 75% LTVs for both 2 and 5 year fixed, starting from 2.35%.

Help to Buy remortgage products now include the full Deed of Postponement fee for Scottish customers (extra £90 in legal fees) and all Help to Buy remortgage products are now fee free for customers.

Kris Brewster, Skipton’s Head of Products, said:

“We believe our New Build Residential Products offer very attractive rates and will help first time buyers and those looking to move up the housing ladder to realise their dream of moving into a new property. All new build applications to Skipton are given a priority underwrite within its specialist underwriting team.

“We are also delighted to offer these redesigned Help to Buy ranges, demonstrating Skipton’s continued commitment to supporting the needs of the new build market. We believe this new range offers great value for purchasers and for those wishing to remortgage their existing new home.”

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