Skipton unveils retention range with Legal & General

Ryan Bembridge

January 15, 2018

Skipton Building Society will launch a separate range of retention residential and buy-to-let products from tomorrow.

Residential products are 3-year fixes at 1.74% to 60% loan-to-value and 1.85% to 75% LTV, as well as a 4-year fix at 1.99% to 60% LTV and 7-year fix at 2.24% to 75% LTV.

There is also an interest-only 5-year fix at 2.20% to 60% LTV.

Buy-to-let products are 3-year fixes at 2.64% to 60% LTV and 2.83% to 70% LTV.

Kris Brewster, Skipton’s head of products, said: “Working in partnership with brokers to offer clients access to our full range of retention and new business deals is at the heart of our strategy in 2018.

“In addition, we are delighted to partner with L&G to offer an exclusive 5 year retention deal to maturing customers should that give access to a preferential rate.

“We believe this is the first of its kind and demonstrates our commitment to working in partnership with brokers at the point of retention.”

The products come with a free standard valuation and are fee free.

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