New Skipton 3 Year Fixed Rates from 3.38%
More great product news from Skipton
Dear Intermediary,
I am pleased to announce that from Monday 8 August we will be launching new competitive 3 Year Fixed Rates to 75% LTV. Again we have listened to your feedback by offering a completion fee free option with a slightly higher rate.
Details of the new products are below:
| Description |
Rate |
LTV |
App fee |
Comp Fee |
Available for |
| 3 Year Fixed Rate |
3.38% |
75% |
£195 |
£800 |
Purchase and remortgage business |
| 3 Year Fixed Rate |
3.68% |
75% |
£195 |
£0 |
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 property value up to £500,000.
The equivalent current products will be withdrawn at close of business today, Friday 5 August. For any existing pipeline cases on these products ALL signed declarations and support documentation should be uploaded and sent to arrive before 5pm Monday 15 August.
Where a product switch is taking place (changing to a better rate) and our Mortgage Service Centre has commenced processing the application, a £250 fee must be paid up front prior to the product amendment taking place. Please also be aware that the £250 fee is non-refundable if a product switch has taken place.
Please visit our website from Monday to find details of our amended mortgage range and where you can also view our attractive range of Buy to Let Fixed Rates together with our attractive Buy To Let trackers.
Paul Darwin
Head of Intermediary Sales