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Skipton snips rates, adds products

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Skipton Building Society is tomorrow lowering rates on a range of residential, non-standard and buy-to-let loans by up to 0.35 per cent.

The lender is reducing rates on residential additional borrowing products by up to 0.35 per cent.

The firm is trimming rates on all new build fixed rate products by up to 0.13 per cent.

Skipton is bringing in a two-year fixed rate interest-only residential loan at 1.73 per cent to 70 per cent LTV with a £995 fee.

Skipton is also bringing in a three-year Help to Buy fixed rate for house purchases.

The lender is also offering cashback on remortgage products as an alternative to free legals.

Skipton head of products Kris Brewster says: “Our mortgage products continue to have an emphasis on offering wide choice and good value.

“These new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.”

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