Skipton to launch retention range

Houses, house, property, monopoly

Skipton Building Society will tomorrow launch a retention range for residential and buy-to-let borrowers.

The firm’s new residential retention range includes a three-year fix at 1.74 per cent to 60 per cent LTV.

It also includes a four-year fix at 1.99 per cent to 60 per cent LTV and a seven-year fix at 2.24 per cent to 75 per cent LTV.

Two new three-year fixes have been launched for existing buy-to-let customers at 2.64 per cent to 60 per cent LTV and 2.83 per cent to 70 per cent LTV.

Interest-only customers can get a five-year fix at 2.20 per cent to 60 per cent LTV.

All have free standard valuations and no fees.

Skipton head of products Kris Brewster says: “Working in partnership with brokers to offer clients access to our full range of retention and new business deals is at the heart of our strategy in 2018.”

The lender has also launched an exclusive retention product with intermediary partners L&G.

The product is a five-year fix at 2.09 per cent to 75 per cent LTV, with free standard valuation.

Brewster adds: “We believe this is the first of its kind and demonstrates our commitment to working in partnership with brokers at the point of retention.”

Recommended

Choose life…

Sarah Scott  – Marketing Consultant, Royal London  This month sees the return of Renton, Sickboy, Begbie and Spud in the sequel to the film Trainspotting. Just over 20 years later, we return to see exactly how life treated the characters whose lifestyle was less than ideal back in 1996. Did they choose a job, choose […]

Newsletter

News and expert analysis straight to your inbox

Sign up