Product update - 8 April 2020

At Skipton Intermediaries, we pride ourselves on being a responsible lender, which includes putting the health and safety of our colleagues, customers and you first.

Following our recent announcement, we can now confirm that as of 9 April we’re relaunching products available for Residential and Buy to Let (BTL) purchases up to 75% LTV.

Key changes are:

  • Launching new purchase and remortgage products across our Residential and BTL ranges up to 75% LTV
  • New Interest Only product range
  • New Scotland only product range with products available up to 95% LTV, for customers in Scotland only who already have a valid Home Report (no older than 6 months) prior to submitting their mortgage application.
  • Withdrawal of all current on sale Intermediary Exclusive products
  • Extended end dates across the Residential range to June 2022/25/27/30.

Please note all products will be withdrawn at 10.00pm Wednesday 8 April 2020. As per our Real Life Lending Charter, you have until 10.00pm Friday 17 April 2020 to submit pipeline business where a Mortgage Illustration has been provided.

Read about our Coronavirus actions

Residential Mortgages

Buy to Let Mortgages

Notes about our fees:

£250 Product Switch Fee - If a client requests a change of product onto a preferential rate once a case has been submitted then a fee of £250 must be paid at the time.

Application Fee - The application fee is payable on application and is NON-REFUNDABLE.

Mortgage Valuation - For purchase and remortgage cases, we won't charge for valuing the property for mortgage purposes where the property is worth less than £1.5 million.

THESE PDFS ARE FOR INTERMEDIARY USE ONLY AND SHOULD NOT BE PASSED TO YOUR CLIENTS.