Skipton makes changes to its mortgage range

Skipton BS has refreshed its mortgage range, offering new rates across a series of products, as well as introducing a range of cashback products with first time buyers in mind.

The firms five-year range has changed, with the newly implemented five-year residential purchase only product, set at 2.71 per cent, with a 90 per cent LTV and £1,000 cashback after completion.

Additionally, amendments have been made to the five-year buy-to-let purchase and remortgage offering, which is now at 2.19 per cent, reduced from 2.25 per cent, with a 60 per cent LTV and a £995 fee.

Furthermore, first-time buyers now have access to a range of mortgages with up to 95 per cent LTV, including products featuring a 1 per cent cashback or fixed amounts of either £500 or £1,000 cashback depending on the product selected.

Skipton BS senior product manager Alex Beavis says: “We have taken the time to carefully consider our range available to our first-time buyers. Skipton’s refreshed mortgage range continues to provide new and existing customers with competitive rates.

“The new range is available through the society’s Skipton Direct customer service centre, branches and all intermediaries.”

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