MortgagesOct 23 2014

Skipton refreshes mortgage range

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Skipton has refreshed its range of fixed rate products from today (23 October) by offering new loan-to-value bands and different fee options at every LTV segment.

The building society now offers an extended range across all current fixed rate terms (two, three, five and seven years) with purchase and remortgage products now priced separately.

New deals have been added at 50 per cent LTV to offer customers with substantial equity or large deposits access.

Skipton is introducing more fixed rate products too, including a fee free 3-year fixed rate to 85 per cent LTV at 3.55 per cent for purchasing customers; a 2-year fixed rate to 90 per cent LTV at 3.57 per cent with a fee of £1,995 for purchasing customers; and a fee free 5-year fixed rate to 60 per cent LTV at 3.18 per cent for remortgaging customers.

Kris Brewster, Skipton’s head of products, said: “We’ve listened to homebuyers and brokers and have extended our mortgage range to give people much more choice and as many different options as possible to help suit their many different needs.”

peter.walker@ft.com