Skipton launches revised purchase and remortgage range

Mortgage Introducer

April 28, 2020


Skipton Building Society is launching a revised residential fixed purchase and remortgage products (two, five and 10-year) with select rates reduced by 0.05% on average.

Skipton is offering all the products for both residential and buy-to-let business up to 75% loan-to-value (LTV).

For customers in Scotland, Skipton is allowing purchase up to 95% LTV and remortgage up to 90% LTV where a Home Report of less than six months old can be produced.

Highlights of Skipton’s mortgage range include a 2-year fixed, 60% LTV, 1.49% with £0 fee, a  2-year fixed, 60% LTV, 1.22%, £995 fee, a 5-year fixed, 60% LTV, 1.72%, £0 fee and a 2-year fixed, 75% LTV, 1.69%, £0 fee.

Alex Beavis, Skipton’s head of mortgages, said: “We’re delighted to make these fixed-rate products available for both purchase and remortgage.

“During this difficult time, Skipton remains committed to supporting borrowers by providing access to a broad range of competitive mortgage deals. We’re working hard to continue to make our proposition as widely accessible as possible whilst also maintaining the high levels of service brokers and customers expect.

“In order to help us continue to support brokers and their clients, I encourage anyone who needs to speak to us to make use of our online FAQ pages, webchat and email services in order to avoid longer telephone wait times in our contact centre.”

The new range is available through the Society’s Skipton Direct customer service centre and intermediaries.

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