Skipton cuts remortgage rates

Posted on Tuesday, October 7 by Joy Tibbs

Skipton Building Society has cut the interest rates on many of its three- and five-year fixed-rate mortgage and remortgage deals. Each of its five-year products also includes a free standard valuation.

In addition, the company has introduced two new three-year fixes up to 90% loan-to-value (LTV) at 4.36% and 4.75%, dependant on fees. Skipton has also added a fee-free, three-year fix up to 60% LTV at 2.77%.

Kris Brewster, the society’s head of products, said he believed the new deals would “be attractive to homebuyers and remortgage customers wanting the security of fixing their mortgage payments over a longer period of time”.

He added: “These are products which suit a number of different borrower requirements.”

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