Mortgages

Skipton launches new three and seven year fixed rates

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14th February 2018
"Skipton continues to add value to its residential mortgage range by lowering rates on three year fixes and residential tracker products."

Skipton Building Society has reduced two-year residential tracker rates and launched new three and seven-year fixed rates.

New tracker rates are available at 1.43% to 75% LTV and 1.97% to 90% LTV, available for purchase or remortgage with no completion fees.

New three-year fixed rate products start from 1.57% at 60% LTV and 1.64% at 75% LTV with a £995 fee, with a fee-free 60% LTV option available at 1.89%.

The new range also includes a 90% LTV seven-year fixed rate at 2.99% for purchase and remortgage with no fees.

Purchase products offer free valuation while remortgage products also include free standard legals.

Kris Brewster, Skipton’s head of products, said: “Skipton continues to add value to its residential mortgage range by lowering rates on three year fixes and residential tracker products. Our mortgage products continue to have an emphasis on offering wide choice and good value.

“The Society’s clear message continues to be that we want to offer new and existing customers the most competitive rates and the best levels of service to enable them to complete their purchase or remortgage in the quickest possible timescale.

“These new products are available through the Society's Skipton Direct customer service centre, branches and all intermediaries.”

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