Skipton cuts rates and adds new products

The Skipton Building Society has cut rates by between 0.10 and 0.40 basis points and introducing a new 50% LTV product.

It has also added a pair of new base rate trackers.

The new 50% deal is a two-year fixed rate, priced at 2.94%. It has an application fee of £195 and a completion fee of £800

The two new base rate trackers are BBR+1.88 basis points (up to 65% LTV) and BBR+1.98 basis points (up to 70% LTV). Again, there is an application fee of £195 and a completion fee of £800

All of these products are available both direct through the Society’s Skipton Direct contact centre and branches, and via intermediaries.

Kris Brewster, Skipton’s head of products, said: “We keep a constant eye on market developments and customer feedback to ensure our product range keeps pace with market trends and their evolving needs