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Skipton cuts two and five year product rates

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  • 23/06/2016
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Skipton cuts two and five year product rates
Skipton Building Society has reduced rates across selected two and five year residential fixed rate mortgages.

Rates have been reduced by up to 2% and all applicable products will include a free valuation.

The range includes a two year fix at 1.79% to 80% loan to value (LTV) with £995 fee for house purchases and a two year fix at 1.49% to 60% LTV for remortgages.

The five-year fixed range now includes rates at 2.45% to 70% LTV with £995 fee for purchases and 2.12% to 60% LTV for remortgages with a £1995 fee.

Kris Brewster, Skipton’s head of products, said: “We believe our two and five year products offer very attractive rates and will help first time buyers and those looking to move up the housing ladder to realise their dream of moving into a new property.”

Skipton has also launched a low rate two year fixed mortgage with Personal Touch Financial Services available for both purchases and remortgages. This product is available up to 75% LTV and includes a free valuation and £250 cash back on completion.  

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