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Mortgage News

Skipton Intermediaries adds broker exclusive deals

Lana Clements
Written By:
Posted:
April 13, 2018
Updated:
April 13, 2018

Skipton Intermediaries has launched five new mortgages, including a tracker without any early repayment charges (ERC).

 

The lender is offering the two-year base rate tracker at 1.29% at 60% loan-to-value (LTV) for purchase and remortgage.

Two new build 90% LTV purchase products have also been unveiled, with a two-year fixed rate at 2.56% with £500 cashback and a five-year fix at 2.79% with £1,000 cashback.

Paul Darwin, Skipton’s director of intermediary relationships (pictured), said: “Skipton recognises the importance of new build to both first time buyers and homemovers so we’re delighted to announce the release of these two keenly priced, high LTV intermediary exclusive fixed rates.

“They will both help borrowers onto the housing ladder and help realise their dreams of homeownership, whilst also providing a cashback to assist with those initial costs associated with the move.”

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The lender has also launched a five-year fix of 1.91% at 70% LTV, with a £1,995 fee for purchasers, as well as a five-year fix of 2.03% at 60% LTV for remortgagers.

All five new products offer free valuations.

Darin added: “We’ve created these intermediary exclusives after listening and talking to our supporting brokers.

“They provide additional choice of product type, product term and cashback to our core range and with limited tranches of funds available we expect them to be very popular.”

The new products come after a busy week of repricing action from lenders.