Fix it with the Skipton
The two-year mortgage is fixed at 3.99% whilst the five-year fixed rate deal is available at 4.99%. For a £100,000 mortgage this would mean fixed monthly interest repayments of just £333 and £416 respectively.
Jennifer Holloway, head of corporate communications, commented, “Since Christmas, it has been well reported that many lenders have been increasing rates on fixed rate mortgages. However, we are pleased to be able to offer two attractive deals with rates previously offered last year. These mortgages allow borrowers the choice to freeze their monthly outgoings for either two or five years, depending on their view of interest rates in the short to medium term.”