Skipton cuts fixed rates
From tomorrow the society’s home purchase 2-year fix will stand at 1.49% to 60% loan-to-value with a £995 completion fee, while its 5-year fix will stand at 3.77% to 90% LTV with no fee.
For customers looking to remortgage fee free rates will include a 2-year fix at 2.59% to 85% LTV and 3.39% to 90% LTV, while customers can also take out a 90% LTV 2-year fix at 2.99% and 60% LTV 5-year fix at 3.39% both with a £995 completion fee.
Kris Brewster, the society’s head of products, said: “Skipton continues to add value to its residential mortgage range with these new two and five year fixed term products. We have cut interest rates significantly across the range.
“Skipton’s clear message continues to be that we want to offer new and existing customers the most competitive rates and the best levels of service to enable them to complete their purchase or remortgage in the quickest possible timescale.”