You are here: Home - News -

Skipton reprices 10-year fixed rate following high demand

by:
  • 27/07/2012
  • 0
Skipton reprices 10-year fixed rate following high demand
In a note sent out to intermediaries this afternoon, Skipton Building Society said that due to high demand it will be withdrawing its 10-year fixed rate at 4.49%, up to 75% LTV at 5pm today.

The Society will launch a follow on product up to 75% LTV, at a rate of 4.79%. The product includes an application fee of £195 and a completion fee of £800.

The deal will be available from Monday 30 July for house purchasers and remortgagors.

Remortgage clients can benefit from a free standard valuation and free legal fees on these products. Skipton’s 10-year fixed rate to 85% LTV remains unchanged at 4.99%.

The Society said: “KFIs for this product have been withdrawn but intermediaries can continue to submit suitable e-mortgage applications for the withdrawn product providing they are received by 5.00pm today.”

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
Ian Wilson Halifax
Halifax Intermediaries makes further rate cuts

Halifax Intermediaries will reduce rates across its product range tomorrow.

Close