Skipton Building Society is set to reduce rates across its mortgage product range from 9am tomorrow, Tuesday 9th July.
Skipton’s reductions include rate cuts across 60% and 75% loan-to-value (LTV) fixed residential purchase products, as well as rate reductions to 60% and 75% LTV fixed residential remortgage products.
The society’s biggest reduction is its 2-year fixed purchase 60% LTV no fee at 4.99%, which will be reduced by 0.33% from 5.32%.
Additional new rates include a 5-year fixed remortgage 75% LTV £1295 fee at 4.59%, reducing by 0.12% from 4.71%, and its 2-year fixed remortgage 60% LTV £495 fee at 4.99% reducing by 0.20% from 5.19%.