Mortgages

Skipton revamps residential range with new three and seven year fixes

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11th June 2018
"We’re delighted to introduce new three-year fixes offering £500 cashback, as well as continuing to offer our range of “Hexit” products."

From tomorrow, Skipton Building Society is refreshing its core residential mortgage range with rate reductions of up to 0.12% and new three-year fixed rates with £500 cashback.

Three-year fixed rates are available at 2.16% to 60% LTV, 2.23% to 75% LTV and 2.42% to 85% LTV.

Five-year fixed purchase rates start from 1.83% at 60% LTV with a £1,995 fee and a fee-free 90% LTV product is available at 2.69%.

The new range also includes a fee-free seven-year fix at 2.99% to 90% LTV for purchase and remortgage.

Other remortgage products include a fee free two-year fix at 1.99% to 60% LTV and a fee-free two-year fix at 2.34% to 90% LTV.

Skipton is also offering a new range of “Hexit” products designed for those wishing to switch from their Help to Buy mortgage offering £1,000 cashback. The Hexit range includes a 75% LTV two-year fix at 2.29%.

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

Kris Brewster, Skipton’s head of products, said: “Skipton’s new refreshed residential range has an emphasis on offering wide choice and good value and we’re delighted to introduce new three-year fixes offering £500 cashback, as well as continuing to offer our range of “Hexit” products.

“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."

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