Skipton offers reduced fixed-rate mortgage deals

Posted on Monday, October 24 by Joy Tibbs

Skipton Building Society has cut the rates on its two and five-year fixed-rate residential mortgages for both purchase and remortgage. Rates have been cut by up to 0.38%, with an average rate reduction of 0.2% across the range.

Purchase products include two-year fixes at 1.09% up to 60% loan-to-value (LTV) and at 1.79% up to 80% LTV, along with a five-year fix at 1.89% up to 60% LTV. Products for those wishing to remortgage include a five-year fix at 1.90% up to 60% LTV.

All of the society’s fixed-rate remortgage products come with a free valuation and free standard legal fees.

Kris Brewster, Skipton’s head of products, said: “In reducing our mortgage rates on this range, we’re really showing our support to help get the country moving and enable more people to progress on the housing ladder, whatever rung on it they may be.

“Today’s news is great for borrowers, as our mortgage rates continue to fall and our range of products competitively sits in the national best-buy tables. With rates reduced by up to 0.38%, there really are some great deals to be had for people looking to buy or remortgage, and some great choice to suit all needs.”

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