Skipton Building Society is set to further reduce mortgage rates across its product range from tomorrow.
From 9.00am tomorrow (Wednesday 31st January) Skipton’s rate reductions will take place across its residential existing and new customer range, as well as reductions across buy-to-let and Government Scheme products, a total of 44 rates will be reduced in these changes
As part of these new changes, borrowers will benefit from rate reductions of up to 0.46% across Skipton’s fixed new business range, as well as the re-introduction of a residential 2-year 90% loan-to-value (LTV) Base Rate Tracker for new business.
The society will also be introducing two new existing customer only 2-year residential products, as well as two new existing customer buy-to-let products.
Highlights from the new range include a 5-year fixed buy-to-let 75% LTV product with a £2995 fee, reduced from 4.95% to 4.49%.
