14 September 2017
Skipton have launched a range of three-year fixed rate products, available to intermediaries only, to complement the Society’s existing competitive range.
The products are available for purchase and remortgage at LTVs of 60%, 75%, 85% and 90% LTV. They are all fee free, coming with free valuations and also free legal fees for remortgages.
Of particular note is the three-year fix at 60% LTV which will go straight to the top of the best buy tables. The three other products will also be well positioned in the best buy rankings.
Kris Brewster, Skipton’s Head of Products, said:
“For many borrowers, getting the best mortgage deal available for your specific needs has never been more important in the current mortgage market.
“We’re seeing a trend of more people wanting to look at longer term fixes but the gap between the two and five year deals can be just a little bit too much for some. Offering a three-year deal bridges this a little, and gives people that extra choice and ability to lock in the current low interest rates for a little longer.”