Mortgages

Skipton cuts shared ownership rates by up to 0.43%

The Society has also launched new residential retention products.

Rozi Jones
|
11th July 2019
Skipton
"We’re delighted to give more people the opportunity to realise their dream and get on the property ladder through the shared ownership scheme"

Skipton Building Society has reduced shared ownership rates by up to 0.43% and launched new residential retention products.

New shared ownership products include a two-year fixed rate at 1.99% and a five-year fix at 2.49%, both available up to 90% LTV with a £995 fee.

Additionally, new residential retention products include a two-year fixed rate at 1.39% up to 60% LTV with a £995 fee and a five-year fixed rate at 2.34% up to 80% LTV with no fee.

Alex Beavis, Skipton’s head of mortgage products, said: “We’re delighted to give more people the opportunity to realise their dream and get on the property ladder through the shared ownership scheme by offering these new products.

“Our existing customers can take advantage of Skipton’s refreshed retention products, which offer a wide range of choice.”

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