New 1.99% Tracker rate from Skipton
Dear Intermediary,
I am pleased to announce that tomorrow (Friday 29 July) we will be launching a market leading residential2 Year Base Rate Tracker at BOE + 1.49, a current rate of 1.99% to 50% LTV. This product complements our existing range of 2 Year trackers from 60% to 90% LTV.
Details of the new product are below:
| Description |
Rate |
LTV |
App fee |
Comp Fee |
Available for |
| 2 Year Tracker |
1.99% |
50% |
£195 |
£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).
These products are available from 9am, Friday 29 July. Please note that no products are being withdrawn as part of this change, this product is in addition to our current range.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