Skipton reduces rates across Government Scheme range

Skipton has made changes to its mortgage product suite with rate reductions across its 2- and 5-year Government Schemes range.

Some of the most competitive deals include a 2-year fixed Help To Buy, 60% loan-to-value (LTV) at 5.39% (purchase/remortgage), a 5-year fixed Shared Ownership, 95% LTV at 5.90% (purchase/remortgage), and a 5-year fixed First Homes, 95% LTV at 5.28% (purchase only).

Charlotte Harrison, Skipton head of mortgage products, said: “I’m pleased we are starting off the new year by reducing rates on some already great Government Schemes designed to give a helping hand to those looking to purchase a home.”

The changes come into effect from 9am tomorrow (Tuesday the 17th of January).

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