Reduced rates introduced at Skipton

4th July 2016

Skipton Building Society has cut rates by up to 0.2% across its range of two- and five-year fixed-rate mortgages.

The range includes a two-year fix at 1.79% up to 80% loan-to-value (LTV) with a £995 fee for house purchase and a two-year fix at 1.49% up to 60% LTV for remortgage.

The five-year fixed range includes rates at 2.45% up to 70% LTV with a £995 fee for purchase and at 2.12% up to 60% LTV with a £1,995 fee for remortgage.

All of the society’s reduced-rate products include a free valuation.

In addition, Skipton has launched an exclusive two-year fix with Personal Touch Financial Services available for both purchase and remortgage. This product is available up to 75% LTV and as well as providing a free valuation includes £250 cashback on completion.

Kris Brewster, Skipton’s head of products, says: “We believe our two- and five-year products offer very attractive rates and will help first-time buyers and those looking to move up the housing ladder to realise their dream of moving into a new property.  We are also delighted to offer an exclusive product with Personal Touch, demonstrating Skipton’s continued commitment to supporting the needs of our customers and brokers.

“This new reduced-rate range from Skipton offers great value for purchasers and for those wishing to remortgage their existing new home.”

*2 year fixed with TSB 1.09% then 3.59% - APRC is 3.3% Max LTV is 60%. Quoted on 27th May 2020.