Skipton adds new 3-year fixes in range refresh

Skipton Building Society is introducing new three-year fixed rate products as part of a refresh of its core residential mortgage range.

The new range will offer rate reductions of up to 0.12 per cent and what the lender refers to as “Hexit” products for those looking to move from a Help to Buy mortgage.

Skipton’s residential range for purchase and remortgage now includes three-year fixes offering 2.16 per cent to 60 per cent LTV, 2.23 per cent to 75 per cent LTV and 2.42 per cent to 85 per cent LTV, all with £500 cashback and free upfront valuation.

The Hexit range includes a two-year fix at 2.29 per cent to 75 per cent LTV with £1,000 cashback.

The lender is also bringing in five-year fixes for purchase, including a fee free 2.69 per cent to 90 per cent LTV, and 1.83 per cent to 60 per cent LTV with £1,995 fee.

New rates for remortgages are also available in the range update, available from tomorrow 12 June.

Skipton head of products Kris Brewster says: “These new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.”

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