Skipton unveils 2-year rates
Its new discount range offers rates from 1.59% with products at 60% to 90% LTV.
Paul Darwin, head of intermediary lending at Skipton, said: “We’re really pleased to offer this highly competitive new discount product range, which offers fee and rate options to suit a number of different borrower requirements.
“This suite of new products includes some market leading low rates which we anticipate will be well received.
“We’re always looking for ways to offer brokers and customers more choice in their mortgage options, as we know it really isn’t a case of one-size-fits-all when it comes to buying or moving home.
“So this new low rate discount range, coupled with the announced reduction in our MVR, reflects the ongoing popularity of Skipton and our products.”
Products at 60% LTV are a 1.59% 2-year mortgage with £995 in fees and a 2-year rate of 1.99% without any fees.
At 75% LTV rates are 1.89% with £495 in fees and 2.24% with no fees.
It’s 2-year 85% LTV products stand at 2.49% with £495 in fees and 2.74% with no fee, while its 90% LTV product stands at 3.49% with fees of £995.