New Skipton 7 Year Fixed Rate to 75% and 85% LTV
More great product news from Skipton
Dear Intermediary,
I am pleased to announce that from Tuesday 16 August we will be launching two new 7 Year Fixed Rates to 75% and 85% LTV. Again we have listened to your feedback by offering fee free products with a competitive rate.
Details of the new product are below:
| Description |
Rate |
LTV |
App fee |
Comp Fee |
Available for |
| 7 Year Fixed Rate |
4.89% |
75% |
£0 |
£0 |
Purchase and remortgage business |
| 7 Year Fixed Rate |
5.49% |
85% |
£0 |
£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.
Please ensure that all cases are submitted with full supporting documentation as this enables us to process cases straight away and provide your clients with our best service.
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 Thursday to find details of our amended mortgage range and where you can also view our attractive range of Buy to Let Fixed Rates and trackers.
Paul Darwin
Head of Intermediary Sales