Skipton unveils 3-year fixes

Ryan Bembridge

September 12, 2017

Skipton has launched four fee free 3-year fixed rate products – starting from 1.71% to 60% loan-to-value.

Other products stand at 1.85% to 75% LTV, 2.05% to 85% LTV and 2.61% to 90% LTV.

Kris Brewster, Skipton’s head of products, said: “For many borrowers, getting the best mortgage deal available for your specific needs has never been more important in the current mortgage market.

Coventry cuts 5-year fixes

“We’re seeing a trend of more people wanting to look at longer term fixes but the gap between the two and five year deals can be just a little bit too much for some. Offering a three-year deal bridges this a little, and gives people that extra choice and ability to lock in the current low interest rates for a little longer.”

Products are all fee free, with free valuations and also free legal fees for remortgages.

They also allow 10% overpayments.

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