Skipton cuts rates

Sarah Davidson

August 13, 2012

The new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.

It is also withrawing its 5-year fixed rate up to 90% LTV due to lack of demand.

Kris Brewster, Skipton’s head of products, said: “Just over a month ago we launched a fee-free range of remortgage products,to sit alongside the purchase-only versions listed above. These have proved very popular.

“However we spotted an opportunity to further improve our offering on the purchase-only products by reducing their interest rates in reflection of the fact they do include up-front fees.

“This is another active demonstration of our ongoing commitment to continually reviewing our product offering against the marketplace and making any changes necessary to ensure it remains good value for money.”

Sign up to our daily email