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Mortgage News

Skipton launches revised fixed-rate range

Moa Aarenstrup
Written By:
Posted:
January 4, 2016
Updated:
January 4, 2016

The range, available from 5 January, will offer rates lowered by up to 0.45% and free over payments of up to 10% per year.

The purchase products include a two-year fix at 1.55% to 60% LTV with a £995 fee, while remortgage products include a two-year fix at 2.54% with a 90% LTV and a £995 fee, plus a fee free five-year fix at 3.35% to 90% LTV.

Skipton is also adding a range of Base Rate tracker LTVs ranging from 60% to 90% to its portfolio, including a two-year fixed at 1.49% to 60% LTV with a £995 fee.

In early December, Skipton Building Society reduced rates by up to 0.16% on its revised buy-to-let range.

On 14 December, it also became the one of the first lenders to replace the Key Facts Illustration (KFI) with the European Standardised Information Sheet (ESIS) in compliance with the Mortgage Credit Directive (MCD).

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