Skipton cuts high LTV rates
All 85% and 90% loan-to-value products have the most significant rate reductions and free valuations are offered on all new purchase products.
Purchase products include a 5-year fee free fix at 2.70% to 70% LTV, while for those wishing to remortgage, fee free products include a 5-year fix at 2.72% to 70% LTV.
Kris Brewster, Skipton’s head of products, said: “We’re pleased to be able to lower rates across a range of short-term and longer-term fixed mortgages as well as include free valuations on all our new purchase products. We continue to offer fee and rate options to suit a number of different borrower requirements.
“Our mortgage products continue to have an emphasis on offering wide choice and good value, along with our commitment to doing everything to help borrowers.”
The products are available through the society’s Skipton Direct customer service centre, branches and all intermediaries. They replace the existing residential mortgage range.