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Skipton cuts fixed mortgage range

Sarah Davidson

December 17, 2014

New fee-free rates include a 3-year fix at 3.32% and a 5-year fix at 3.76%, both to 85% LTV.

With a £195 application fee and £1,800 completion fee meanwhile equivalent products stand at 3.02% and 3.44% respectively.

For remortgagers to 60% LTV 3-year fixes now stand at 2.52% while 5-year fixes are 2.87%.

Kris Brewster, Skipton’s head of products, said: “We are pleased to offer these new competitive rates on 3 and 5-year fixed rate purchase and remortgage products.

“It means that homebuyers and remortgage customers can have the security of fixing their mortgage payments over a longer period of time.

“By reducing the rates on our 3 and 5-year fixed products and also offering a variety of fee options, Skipton is continuing to provide products which suit a number of different borrower requirements.”


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