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Skipton cuts BTL and 90% LTV deals by up to 0.4%

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  • 29/08/2012
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Skipton cuts BTL and 90% LTV deals by up to 0.4%
Skipton Building Society has cut the mortgage rates on some of its buy-to-let and residential deals by up to 0.4%.

Skipton cut its two, three and five-year fixed rates on 70% to 90% LTV loans.

Products from the refreshed range include a two-year fixed rate at 4.38%, available up to 85% LTV for remortgage customers; and a five-year fixed rate at 5,59%, available up to 90% for house purchase and remortgage customers.

Kris Brewster, Skipton’s head of products, said: “Once again, we’ve listened to feedback from our customers, and have made further tweaks to our range which we hope will ensure it serves their needs even better.

“What we have now is a competitive range of options to suit differing circumstances, from people who prefer to pay no upfront fees and have a slightly higher rate to the opposite end of that spectrum – as well as higher LTVs to help first-time buyers and people struggling because their equity has reduced as a result of the current housing market stasis.”

The rate amendments on the range are as follows:skipton-amended-fixed-rates

 

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