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Skipton refreshes range and cuts some interest-only rates by 0.3%

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  • 19/02/2018
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Skipton refreshes range and cuts some interest-only rates by 0.3%
Skipton Building Society is set to refresh its range tomorrow with a three-year Help to Buy fixed rate for purchases, cuts to new build fixed rate products of up to 0.13% and 0.3% rate reductions on selected interest-only products.

 

The mutual has launched an interest-only two-year fixed rate residential product at 1.73% to 70% loan to value with a £995 fee.

Additional borrowing on residential mortgages has also been reduced by up to 0.35%.

Kris Brewster, Skipton’s head of products, said: “Skipton’s refreshed mortgage range continues to offer new and existing customers the most competitive rates and the best levels of service to enable them to complete their purchase or remortgage in the quickest possible timescale.

“These new products are available through the Society’s Skipton direct customer service centre, branches and all intermediaries.”

At the end of January, Skipton launched a range of Help to Buy: Equity Loan exit remortgage products for borrowers keen to repay the equity loan part of their mortgage, alongside a £1,000 cashback.

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