View more on these topics

Skipton launches discount, fixed and tracker product ranges

Skipton has launched a range of mortgages including discounts, fixes and trackers with rates starting from 3.59%.

Key features of the products include a flexible three-year fixed rate mortgage at 5.69% fixed until September 30 2007; flexible five-year fixed rate mortgage at 5.79% fixed until September 30 2009; flexible three-year capped rate Mortgage at 4.99%, capped at 5.75%; flexible three-year stepped discount Plus mortgage with an initial rate of 3.59%; flexible base rate tracker Plus mortgage at 4.50% and a cashback mortgage at 5.59% with a 3% cashback.

All mortgages revert to the society&#39s residential SVR, currently 5.59%.

Jennifer Holloway, head of media relations at Skipton, says: “The introduction of Skipton&#39s low residential standard variable rate prompted us to carry out a review of our mortgage range. The variety of loans on offer means that, whatever a borrowers needs are, we have something to suit.”

Recommended

The first-time buyers won&#39t be back soon

The volume of first-time buyers entering the market has fallen steadily year on year to 29% of all mortgage lending in 2003 following a peak of 47% in 1999. Forecasts early this year predicted that FTB activity is likely to settle at 29% for 2004 and 2005. First-time buyers are seen as the property market&#39s […]

Good start for new build deal

Accord Mortgages has signed over 30 broker firms to the new build mortgage deal it launched in March this year. The deal is designed as an exclusive product for intermediaries who specialise in arranging mortgages for people buying new homes, often working in conjunction with the builder. The Yorkshire subsidiary says a number of the […]

Brokers say key worker scheme fails London buyers

Brokers have criticised the government&#39s key worker living scheme, arguing that it does not go far enough to help key workers meet the inflated property prices of the South-East. The scheme offers several options including equity loans of up to £50,000 to help key workers buy a home on the open market or a new […]

Rate rise will boost remortgaging market, says homefast

Remortgaging specialist homefast says the base rate rise will further boost the remortgage market. John Brian of homefast says: “Following today&#39s rise and with interest rates widely expected to exceed 5% by the end of the year there is a huge incentive for people to remortgage. The most popular mortgages are likely to be short-term […]

Health services

Challenges and opportunities

By Sarah Scott, marketing consultant On 22 February this year the charity Diabetes UK launched a fundraising initiative, #Swim22. They challenged individuals to swim 22 miles over the course of 89 days – a distance that equates to the width of the English Channel. Because of the time period the challenge is spread over, it […]

Newsletter

News and expert analysis straight to your inbox

Sign up