Skipton launches new intermediary only products

Skipton Building Society has announced the launch of new intermediary only mortgage products.

Notable introductions include a 60 per cent LTV five-year BTL fix at 2.09 per cent, and a 75 per cent LTV five-year BTL fix at 2.49 per cent. Both products are purchase or remortgage and include £995 fees.

In addition, a 60 per cent LTV two-year at 1.39 per cent, and a 75 per cent LTV two-year at 1.59 per cent have been launched. Both offerings are ERC-free tracker mortgage products and are for ether remortgage or purchase.

A 60 per cent LTV five-year fix at 1.99 per cent, and an 80 per cent LTV five-year fixed rate offer at 2.09 per cent. The latter product is fee free, while the former has a £995 fee.

All the above products offer free valuations for purchase or remortgage, and free legals for remortgages.

Furthermore, brokers accessing these products will have be able to use the firm’s underwriting service and the ability to extend client offers for up to 12 months on a 6 + 6 basis, according to Skipton.

Skipton Building Society head of mortgage products Alex Beavis comments: “We have created these intermediary-only exclusives after listening and talking to our supporting brokers. They provide additional choice of product type and term to our core range.”

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