Skipton cuts mortgage rates by up to 0.33%

Residential purchase and remortgage products at 60% and 85% LTV are being reduced.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
8th July 2024
Skipton Building Society

Skipton Building Society is reducing rates across its mortgage product range from tomorrow.

Skipton’s rate reductions will take place across its fixed rate purchase and remortgage residential product ranges.

Changes include rate reductions to 60% and 75% LTV residential purchase and remortgage products.

The largest reduction is to a two-year fixed rate purchase product at 60% LTV, reducing by 0.33% to 4.99% with no product fee.

A five-year fixed rate remortgage product at 75% LTV is down by 12bps to 5.71% with a £1,295 fee, while a two-year remortgage product at 60% LTV is reducing by 20bps to 4.99% with a £495 fee.

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