Skipton launches two-year fix at less than 3%
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Skipton Building Society is launching a two-year fixed rate deal at 2.99%.
Available form Monday the direct-only product is available up to 60% LTV and is part of Skipton’s plans to increase lending in 2010.
Only available on purchases up to £1m there are no product fees, 3% early repayment charges during the product term but fee-free overpayments of up to 10% of property value per annum.
Kris Brewster, head of products at Skipton, says: “We understand that unprecedented economic conditions have impacted heavily on the housing market. As the country begins to recover from recession, we’re doing our best to enable people to buy their desired homes through affordable products backed up by great service.”
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Readers' comments (4)
Steve | 9 Jul 2010 5:18 pm
Would the last mortgage broker to leave the industry please put the lights out.
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Gary | 9 Jul 2010 6:25 pm
Cheers Skipton !!! That'll be me closing then.
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anon | 12 Jul 2010 12:01 pm
This job is just impossible now , with so called intermediary friendly lenders pricing us out of the market what chance do we have competing against non intermediary friendly lenders, thanks Skipton.?
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Anonymous | 12 Jul 2010 2:23 pm
Can anyone tell me why any consumer with half a brain cell who can use an internet search engine would need a mortgage broker?
The days of the greedy, get rich quick, brokers are over. Thank goodness!
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