Skipton launches two residential products at 60% LTV

Michael Lloyd

July 26, 2018

Skipton Building Society has launched two residential products for purchase and remortgage exclusively for intermediaries.

The 5-year fixed products, both to 60% LTV, offer rates of 1.99% (fee free) and 1.87% (£995 fee) and include free standard valuation for purchasse and remortgages and standard legals for remortgages only.

Kris Brewster, Skipton’s head of products, said: “Skipton continues its commitment to build mutually strong relationships with our valued professional partners and so we’re delighted to announce two new fixed rate residential products at competitive rates.

“At Skipton Intermediaries we spend a great deal of time talking with and listening to brokers, and it’s thanks to their feedback that we’ve been able to devise these great products and continue to support our broker partners.”

There may be some additional legal costs payable where the remortgage is above £1m. A free standard valuation is available on properties valued up to £1.5m.

If a homebuyers report or buildings survey is required then the additional cost associated with these reports will incurred by the customer.

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