Skipton has launched a new range of residential and buy-to-let mortgage products, giving customers and landlords significant interest rate reductions on new borrowing.
At a time when household bills continue to rise, Skipton is helping homeowners take control of their mortgage payments with competitive 2-, 3-, and 5-year fix deals.
Products from the Society’s refreshed range includes a 2-year residential mortgage, 90% loan-to-value (LTV), £0 fee, rate of 5.70%, a 3-year residential mortgage, 90% LTV, £995 fee, rate of 5.41%, as well as a 5-year residential mortgage, 75% LTV, £0 fee, rate of 5.10%.
Charlotte Harrison, head of mortgages at Skipton Building Society, said: “We know that household finances are increasingly squeezed and that a homeowner’s mortgage is typically the largest monthly outlay, so we’re making sure we do what we can to support bringing some of that cost down.
“We keep a close eye on our product range and its place in the current market, and we’re seizing the opportunity to bring down the rates on our latest range of residential mortgages with some really competitive deals that give homeowners great value on new borrowing, and landlords aren’t left out either.
“Our updated range of BTL products offer similarly reduced rates.
“And with our core focus of supporting first time buyers take their first step onto the property ladder, we’re launching a range of products tailored to buyers looking to get the keys to their first home.
“We’ve refreshed 2- and 5-year fixed-term products that are available on up to 95% loan-to-value.”
