Skipton Launches Lowest Ever 2 Year Fixed Rate at 2.48%!
Dear Intermediary,
I am pleased to announce that tomorrow (Tuesday 26 July) we will be launching our lowest ever 2 year fixed rate, priced at only 2.48% up to 60% LTV. Alongside this, we are also introducing a market leading 2 year tracker at BOE + 1.48%, a current rate of 1.98%.
Both of these products will be available for purchases and remortgages up to 60% LTV and will have an application fee of £195 and a completion fee of £1,800. Details of the new products are below:
| Description |
Rate |
LTV |
App fee |
Comp Fee |
Available for |
| 2 Year Fixed Rate |
2.48% |
60% |
£195 |
£1,800 |
Purchase and remortgage business |
| 2 Year Tracker |
1.98% |
60% |
£195 |
£1,800 |
Purchase and remortgage business |
Remortgages qualify for free standard legal fees and standard valuation. There may be some additional legal costs payable where the remortgage is above £500,000. Free valuations to maximum of £610 (property value up to £500,000).
All end dates are still 30 November. These products are available from 9am, Tuesday 26 July. Please note that no products are being withdrawn as part of this change, these products are in addition to our current range.
Please visit our website from tomorrow to find details of our amended mortgage range and where you can also view our refreshed range of Buy to Let Fixed Rates together with our attractive Buy To Let trackers.
Paul Darwin
Head of Intermediary Sales