Skipton Building Society is set to launch a refreshed residential mortgage range with rate reductions of up to 0.17% and new products for buyers with a 20% deposit.
The range includes 2-year fixes for purchases and remortgages. There is a 1.52% available up to 60% LTV, which comes with a £995 fee, and a 1.99% deal available up to 80% LTV, which has no product fee.
Alex Beavis, head of mortgages at Skipton Building Society, said: “Skipton continues to add value to its residential mortgage range with interest rate reductions on a wide range of products across the range.
“After 166 years of helping people get a home of their own, Skipton’s clear message continues to be that we want to offer new and existing customers the most competitive rates and the best levels of service to enable them to complete their purchase or remortgage in the quickest possible timescale.
“The new range is available through the society’s Skipton direct customer service centre, branches and all intermediaries.”
For purchase only, there’s a fee-free 2-year fix at 2.89% available up to 95% LTV and a 5-year fix at 3.09% up to 95% LTV. This comes with a £495 fee.
The 10-year fixed range for purchase and remortgage includes a fee-free 2.99% mortgage up to 90% LTV, while the cashback range includes a 2-year fix at 2.79% up to 90% LTV with £1,000 cashback.
The changes come into effect tomorrow.