Mortgage war intensifies as Skipton announce cuts to resi range

New HousesSkipton Building Society has announced it is launching a revised range of 2 and 5 Year Fixed Rate residential mortgages with rates lowered by up to 0.65%.

The range will be especially attractive to those with a lower deposit as all 85% and 90% LTV products have the most significant rate reductions and free valuations are offered on all new purchase products.

The range includes a variety of two and five year fixes, with a choice of fee and rate blends to maximise choice and flexibility.

Purchase products include a 5 year fee free fix at 2.70% to 70% LTV, while for those wishing to remortgage, fee free products include a 5 year fix at 2.72% to 70% LTV.

Kris Brewster, Skipton’s Head of Products, said: “We’re pleased to be able to lower rates across a range of short-term and longer-term fixed mortgages as well as include free valuations on all our new purchase products. We continue to offer fee and rate options to suit a number of different borrower requirements.

Our mortgage products continue to have an emphasis on offering wide choice and good value, along with our commitment to doing everything to help borrowers.”

Source: Property Reporter

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