Skipton Building Society has lifted broker restrictions on its Help to Buy mortgage range, and launched new products for the Help to Buy London and Scotland shared equity schemes.
The society is offering access to to its Help to Buy purchase and remortgage products to the entire intermediary mortgage market, which were previously only available only to new-build specialist firms.
Kris Brewster, Skipton’s head of products, said: “We are delighted to offer these new Help to Buy London and Scotland products, demonstrating Skipton’s continued commitment to supporting the needs of the new build market.
“We believe this new range offers great value for purchasers of new properties in London and Scotland and for those wishing to remortgage their existing new home.”
The Help to Buy London mortgages will be offered at 55 per cent loan-to-value, and will include two and five-year fixed rate mortgages with a range of fee options.
Skipton is also creating a new Help to Buy Scotland range at 80 per cent LTV, with two and five-year fee free, fixed rate mortgages, and free standard valuations.
Mr Brewster said: “We have a total of 19 products in our Help to Buy product range, which we can now offer to the whole of the market via intermediaries and directly through Skipton.
“This will not only enable people to get the keys to their dream new home but to ensure it best meets their financial needs.”
All Help to Buy products, including the new London and Scotland deals, are also available direct from the lender via Skipton Direct.
