The mortgage offers those who have a standard variable rate an opportunity to fix their payments at a competitive rate, thereby allowing clients a degree of certainty over their monthly payments.
Key features
Features of the exclusive product include:
* Two-year fixed rate loan at 2.79 per cent up to 80 per cent LTV
* £995 completion fee
* No application fee
* Free valuation and legal fees for remortgaging customers
Adviser view
Roddy Kohn, managing director of Bristol-based Kohn Cougar, said: “This is a fantastic little deal for people who want peace of mind with a fixed-rate mortgage.
“In the interest of fairness, I think the deal should be shared with the wider market but all credit to Skipton for arranging it for PTFS’ members’ clients.”
