Skipton Building Society  

Skipton looks to entice borrowers with fixed rate cuts

Charges

Ranges from fee free to £1,995.

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Verdict

Mortgage rates are exceptional across the board which is great news for consumers. With the difference between the rate applicable to two and five-year fixes narrowing, borrowers might be tempted by the latter for financial planning purposes. However, borrowers should be reminded of the potentially sizeable early repayment charges for opting to leave their fixed term deal prematurely.