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The Skipton revamps mortgage offering

by Kevin Rose
18 January 2019
The Skipton becomes an internal ratings based lender
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The Skipton Building Society has launched a number of refreshed products for residential purchase and remortgage, and buy-to-let, including the removal of early repayment charges from two buy-to-let trackers.

The revamped residential range includes five-year 95% LTV fixes for purchase at 3.43% with no fee or 3.34% with £495 fee, while for buy-to-let customers a five-year fix is available for both purchase and remortgage at 2.02% to 60% LTV (£1,995 fee).

The refreshed buy-to-let products include two two-year trackers at 2.51% to 60% LTV and 2.65% to 75%, with £495 fees and no ERCs.

Purchase products offer free valuation while certain remortgage products include free valuation and free standard legal fees.

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Alex Beavis, Skipton’s senior product manager, said: “We are delighted to introduce these refreshed products for residential purchase and remortgage, and buy-to-let customers. The Society’s message continues to be that we want to offer new and existing customers the most competitive rates and the best levels of service to enable them to complete their purchase or remortgage in the quickest possible timescale.

“Skipton’s buy-to-let deals continue to prove popular and by removing early repayment charges on these buy-to-let trackers we are offering greater flexibility for landlords.

“These refreshed products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.”

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