Improved 2 Year Tracker!
6 December 2011
Great News! Skipton is today reducing the price of it’s 2 Year Base Rate Trackers to 85% LTV by 20bps.
Product details as follows:
| Description |
Rate |
LTV |
App fee |
Comp Fee |
Available for |
| 2 Year Base Rate Tracker |
3.58% |
85% |
£195 |
£800 |
Purchase and remortgage business |
| 2 Year Base Rate Tracker |
3.78% |
85% |
£195 |
£0 |
Purchase and remortgage business |
KFI's for the current equivalent products can no longer be obtained from the intermediary website.
Please be aware that you can continue to submit any suitable e-mortgage applications for the products being withdrawn providing they are received by 5.00pm today. Any required supporting documentation, including the e-declaration signed by the borrower(s) should also be uploaded following submission on our e-mortgage site and should be received by our Mortgage Service Centre by 5pm Tuesday 13 December. For any existing pipeline cases on these products ALL support documentation should again be uploaded & sent to arrive before the Tuesday deadline. Any cases not meeting these requirements will be cancelled. All application fees, will be collected within 48 hours.
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.
Paul Darwin
Head of Intermediary Sales
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