Skipton trims residential rates

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Skipton Building Society is cutting rates by 0.18 per cent on its two-year residential tracker loans.

The firm’s trackers for purchases and remortgages now include a 1.43 per cent option to 75 per cent LTV and a 1.97 per cent alternative to 90 per cent LTV.

Both have no completion fees.

The lender is also reducing rates on its three-year fixed rate mortgages by 0.07 per cent.

This range now includes a 1.57 per cent option to 60 per cent LTV and 1.64 per cent to 75 per cent LTV, both with £995 fees.

These is also a fee-free 1.89 per cent option to 60 per cent LTV.

The new range also includes a fee-free seven-year fix at 2.99 per cent to 90 per cent LTV for purchase and remortgage.

Purchase products offer free valuation while remortgage products also include free standard legals.

Skipton head of products Kris Brewster says: “Skipton continues to add value to its residential mortgage range by lowering rates on three year fixes and residential tracker products”

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