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Skipton BS refreshes mortgage range

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  • 14/11/2022
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Skipton BS refreshes mortgage range
Skipton Building Society is making changes to its mortgage range in the form of rate reductions, product launches and withdrawals.

It has made rate cuts of up to 0.32 per cent across two, three and five-year fixed residential mortgages. It has also repriced its three-year fixes so they align with rates on its two-year fixes. This does not include mortgages for existing borrowers. 

It has also added fee-free mortgages which are fixed for three years for residential borrowers, and launched two, three and five-year fixes with £250 cashback at 60 and 75 per cent loan to value (LTV). 

These include a two-year fixed purchase and remortgage product for residential borrowers, with a rate of 5.52 per cent at 60 per cent LTV. The five-year fixed option at 75 per cent LTV is priced at 5.34 per cent. 

 

Skipton launches trackers

Additionally, Skipton Building Society has launched tracker mortgages for residential and buy-to-let borrowers with a £1,995 fee at 60 and 75 per cent LTV. 

This includes a two-year tracker deal priced at 3.39 per cent at 60 per cent LTV. 

For existing borrowers, Skipton has reduced the rates of two, three and five-year mortgages both for residential and buy-to-let borrowers by as much as 0.26 per cent. 

 

Skipton pulls BTL and HTB products

The mutual has also pulled buy-to-let and Help to Buy products at 75 per cent LTV, as well as two and three-year fixes with a £995 fee for existing borrower. 

The changes will apply from 15 November. 

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