The Skipton Building Society has launched a new range of two, three and five-year fixed rate residential mortgages.
Fee free purchase products include a three-year fix at 3.15% to 85% LTV and a five-year fix at 4.09% to 90% LTV, while fee free options on remortgages include a three-year fix at 2.48% to 60% LTV and a five-year fix at 2.89% to 70% LTV.
The new range of residential fixes offer customers options at 50%, 60%, 70%, 75%, 80%, 85% and 90% LTV with £995 fees on the two-year deals, a choice of no fee or £995 on the three-year fixes and £0, £995 and £1995 on the five-year fixed options.
Kris Brewster, Skipton’s head of products, said: “We’re pleased to offer this new product range, which, as always, offers fee and rate options to suit a number of different borrower requirements.
“These mortgage products have an emphasis on offering wide choice and good value. We’re continuing to lend strongly, in line with our commitment to doing everything to help borrowers, and the ongoing popularity of our products is a reflection of that.”
Criteria applicable to all of the above products:
- Early repayment charges of 2/1% until 31/07/17 (two-year fixes); 3/3/2% until 31/07/18 (three-year fixes) and 5/5/4/3/2% until 31/07/20 (five-year fixes), of capital repaid then interest to the end of the month;
- Overpayments of up to 10% per annum allowed without penalty;
- Available for purchases and remortgages;
- Free standard legals and valuations for remortgages.
These new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.