Skipton launches London and Scotland Help to Buy ranges


Skipton Building Society is launching new products for the Help to Buy London and Help to Buy Scotland shared equity schemes.

From tomorrow, Skipton will offer a Help to Buy London product range at 55 per cent LTV, which will include 2 and 5 year fixed rate mortgages with several fee options, all with free standard valuations.

Skipton is also opening up its Help to Buy purchase and remortgage products to the whole intermediary mortgage market.

Previously, these products were available only to a panel of pre-approved new build specialist firms.

All Help to Buy products, including the new London and Scotland deals, are also available direct from the lender via Skipton Direct.

Skipton is also creating a new Help to Buy Scotland product range at 80 per cent LTV, which includes 2 and 5 year fee free, fixed rate mortgages, also with free standard valuations.

Skipton Building Society head of products Kris Brewster says: “We believe this new range offers great value for purchasers of new properties in London and Scotland and for those wishing to remortgage their existing new home.

“We have a total of 19 products in our Help to Buy product range, which we can now offer to the whole of the market via intermediaries and directly through Skipton. This will not only enable people to get the keys to their dream new home but to ensure it best meets their financial needs.”