"As part of the reprice, we’re also reducing the rates on our recent mortgage support products"
- Jennifer Lloyd, head of mortgage products and propositions at Skipton
Skipton Building Society is reducing mortgage rates across its existing customer range.
From tomorrow, Tuesday 12th December, the Society is reintroducing fixed rates for existing residential customers and reducing rates for existing buy-to-let borrowers.
Highlights include a five-year fixed rate residential product at 60% LTV, reintroduced at 4.65% with a £1,295 fee.
In Skipton's buy-to-let range, two and five-year fixed rates are reducing by 17bps at 75% LTV, now available from 5.99% and 5.24% respectively.
Skipton’s range of mortgage support products released in October are also receiving a rate decrease in line with the announcement.
Jennifer Lloyd, head of mortgage products and propositions at Skipton, said: “I’m pleased to announce that from tomorrow we’re reducing the rates across our existing customer ranges for both residential and buy-to-let.
"As part of the reprice, we’re also reducing the rates on our recent mortgage support products and we will continue to look at even more ways to keep making membership matter to all of our customers.”
