In addition to being competitive, the new range includes higher loan-to-value (LTV) options to accommodate customers’ differing needs.
The refreshed range includes new 3 year fixed rates of 65% and 90% LTV, as well as three new 5 year fixed rates at 75%, 85% and 90% LTV.
The new 2 year fixed rate mortgage range now includes:
o 2 year fixed rate at 2.89% (60% LTV)
o 2 year fixed rate at 2.99% (65% LTV)
o 2 year fixed rate at 3.08% (70% LTV)
o 2 year fixed rate at 3.18% (75% LTV)
o 2 year fixed rate at 3.68% (80% LTV)
o 2 year fixed rate at 4.38% (85% LTV)
The new 3 year fixed rate mortgage range now available includes:
o 3 year fixed rate at 3.38% (65% LTV)
o 3 year fixed rate at 5.68% (90% LTV)
The new 5 year fixed rate mortgage range now available includes
o 5 year fixed rate at 4.08% (75% LTV)
o 5 year fixed rate at 4.68% (80% LTV)
o 5 year fixed rate at 4.98% (85% LTV)
o 5 year fixed rate at 5.78% (90% LTV)
Head of products, Kris Brewster commented: “We have refreshed our mortgage range to offer even more good value options to cater for customers’ varying circumstances. We have also launched a number of higher LTV products, which we hope will especially help first-time buyers get onto the property ladder.”
Skipton’s new mortgages can be bought direct or through an intermediary. Each of the mortgages is subject to a £995 fee, payable on completion.
