Skipton launches new retention range with L&G exclusive

Skipton Building Society is launching a new retention range, including buy-to-let and interest only products, with rates from 1.74%.

Related topics:  Mortgages
Rozi Jones
15th January 2018
Skipton
"We are delighted to partner with L&G to offer an exclusive five-year retention deal to maturing customers should that give access to a preferential rate."

From tomorrow, the Society is also offering an exclusive retention product with intermediary partners L&G - a five-year fix at 2.09% up to 75% LTV, with free standard valuation.

Skipton's new residential range includes a three-year fixed rate at 1.74% to 60% LTV, a 60% LTV four-year fix at 1.99%, and a seven-year fix at 2.24% up to 75% LTV.

New three-year fixed rate buy-to-let rates are available from 2.64% and a new interest-only five-year fixed rates is on offer at 2.20% up to 60% LTV.

All products are fee free and offer free standard valuation.

Kris Brewster, Skipton's Head of Products, said: “Working in partnership with brokers to offer clients access to our full range of retention and new business deals is at the heart of our strategy in 2018.

“In addition, we are delighted to partner with L&G to offer an exclusive five-year retention deal to maturing customers should that give access to a preferential rate. We believe this is the first of its kind and demonstrates our commitment to working in partnership with brokers at the point of retention."

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