First-time Buyers
Skipton cuts fixed rates by up to 0.2%
Skipton Building Society has cut rates on some of its two, three and five-year fixes at up to 75% by up to 0.20%.
The mutual is offering a two-year fix at 2.99, down from 3.18%, at 60% loan-to-value (LTV) for purchases and remortgage loans. The 75% LTV loan is offered at 3.38% for two years and is offered for purchase only with total fees of £895.
Another fee-free two-year fix has been launched at 3.58% for remortgages-only.
Further changes have been made to the society’s three and five-year fixed rates and the Skipton continues to offer its longer term fixes over seven and ten years. These new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.
Kris Brewster, Skipton’s head of products, said:
“We’re constantly monitoring the marketplace and adjusting our products and interest rates to ensure they remain among the most attractive available, in line with our mutual goal of enabling homeownership wherever possible.”