Skipton cuts resi rates

John Hewitt Jones

October 12, 2016

Skipton Building Society has reduced its 2 and 5-year fixed rate mortgages.

The lender has reduced rates on its products by up to 0.38%.

Purchase products include 2-year fixes at 1.09% for 60% LTV, 1.79% for 80% LTV, and 1.89% for 5-year fixed rate loans at 60% LTV.

All 2 and 5-year fixed rate remortgage products offer free valuation and free standard legal fees.

Kris Brewster, head of products at Skipton, said: “In reducing our mortgage rates on this range, we’re really showing our support to help get the country moving and enable more people to progress on the housing ladder, whatever rung on it they may be.

“Today’s news is great for borrowers, as our mortgage rates continue to fall and our range of products competitively sit in the national best buy tables.

“With rates reduced by up to 0.38%, there really are some great deals to be had for people looking to buy or remortgage, and some great choice to suit all needs.

“So whatever property their life ahead may take them to, there’s plenty of options to get the mortgage that’s just right for you.”

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