Skipton Building Society has increased rates for residential and government scheme products and added buy-to-let and residential deals for existing customers.
The changes come into force from 9am on 12 April.
The lender will increase rates on select two and five-year fixed rate residential and government scheme products, for existing customers only.
Skipton Building Society has added new residential and buy-to-let fixed rates.
The lender has withdrawn its two and five-year fixed rates at 70 per cent loan to value (LTV) for its existing customers products.
The end dates have been extended to July 2025/2028 for selected residential, buy to let and government scheme fixed rate products.
TSB increases variable rates
TSB has increased the homeowner variable rate and buy-to-let variable rate to reflect the latest increase in the Bank of England (BoE) base rate.
The homeowner variable rate stands at 7.74 per cent, while the buy-to-let variable rate is 8.59 per cent.
Both have increased by 0.25 per cent in line with the base rate increase to 4.25 per cent in March.
According to Moneyfacts, the average residential mortgage standard variable rate (SVR) is now 7.3 per cent. It does not hold data for buy-to-let variable rates.
The changes come into effect from today.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
