Tailored. Flexible. Personal.

At Skipton we recognise every case is different and that people who need a larger loan often require a more flexible approach to our products and services. So we developed Skipton Bespoke - a premium service for clients who have unique individual requirements and need a mortgage of £1 million and more.

Tailored to fit

The Skipton Bespoke service is tailored to meet your client's individual requirements, allowing you to mix, match, pick and choose key elements to create their product. For example, your client can choose the term, completion fee and mix of product incentives along with other features (subject to criteria). Product features are included in product pricing and will impact the overall rate.

Flexible underwriting

Our underwriting decisions are made by people - not computers - and all cases are assessed individually. Our underwriters will work closely with you to make sure your clients get the right outcome for them.

Kris Brewster, Head of Products

“We combined Skipton’s expertise with advice from market specialists to develop this proposition, which gives us another way to demonstrate our Real Life Lending commitment and extend our five star service to you and your clients. As part of that bespoke service, you get access to our dedicated team of IRMs, underwriters, mortgage product managers, and a direct line to our telephone support team. We look forward to working with you soon.”

Kris Brewster, Head of Products

Bespoke at a Glance

  • for loans of £1 million and above
  • work with us to design the mortgage product
  • direct access to our Products team
  • dedicated broker support line
  • dedicated Underwriting team
  • individual products priced to correspond to your client's loan
  • we'll tell you as soon as possible if we can't lend to your client.

Applying for a Skipton Bespoke mortgage is easy

  1. 1. Get in Touch

    Call your local IRM or our Broker Support team with your client's circumstances, financial details and product requirements.

  2. 2. We Design It

    You submit the decision in principle and work with a product manager to tailor your client’s product, while the underwriter initially assesses their case.

  3. 3. Over to You

    You talk to the customer about their Bespoke mortgage, provide an illustration and ask if they want to proceed based on the product we’ve designed.

  4. 4. Submit the Application

    Send us the full mortgage application and we’ll underwrite the case against the specific product. Once the application is successful we’ll issue your client’s mortgage offer.

  5. 5. The Perfect Fit

    Your client gets a Bespoke mortgage tailored to their own unique requirements.

Key Lending Policy

Highlights of our Skipton Bespoke lending policy include:

  • priority underwrite
  • maximum loan - £3,000,000
  • minimum loan - £1,000,000
  • maximum term - 35 years
  • availability - purchase and remortgage
  • deposit must be form an acceptable UK source
  • procuration fee - 0.4% up to a maximum loan of £3,000,000
  • maximum LTV - 75%
  • maximum LTI - 4.49 x (in Greater London and South East) and 4.75 x (in all other regions).

Interest Only Policy Changes

The maximum loan cap for interest only of £500,000 has now been removed, with standard LTV limits now being applied instead, up to a maximum interest only loan of £3,000,000 at 70% LTV. The Society will not also accept the following repayment strategies, in addition to the existing repayment strategies:

  • Sale of Mortgaged Property: The main residence can be used as the repayment vehicle when a minimum of £400,000 of equity remains within the property, providing the interest only element is no greater than 50% LTV. If the overall loan is above 50% LTV, additional repayment vehicles can be used in conjunction with Sale of Mortgaged Property, up to the Society's maximum interest only limit of 70% LTV or 80% for part and part.
  • Pension: Up to a maximum of 15% of the customer’s total projected pension pot is permitted, where the minimum projected value of the pension pot is £400,000.
  • A combination of repayment vehicles can be used subject to criteria.

The maximum LTV for the interest only part of the loan is 70% and the maximum term is 25 years.

View the full Skipton Key Lending Policy

Negotiable Product/Case Features

Product features are included in the product pricing and will impact the overall rate.

  • completion fee
  • application fee
  • product term
  • loan amount (maximum £3,000,000)
  • type (fixed/variable)
  • cashback
  • overpayments
  • contribution to standard legal fees through Skipton remortgage service
  • free standard valuation

Note: products qualify for a free standard valuation fee if selected by your client. This is up to a maximum purchase price/estimated valuation/ultimate valuation of £1,500,000. Top up fees apply above this purchase price/valuation

Skipton Bespoke Products Team

Alex Beavis

Alex won ‘Best Newcomer’ at the British Mortgage Awards in 2015 and since then he’s continued to support our brokers and customers with his industry expertise. Alex puts a lot of emphasis on the importance of listening to the feedback we get from brokers and clients, and uses it to improve the service we deliver and the products we offer.

Jenna Cauvin

Australian-born Jenna joined us as a mortgage underwriter in 2005 and nine years later moved into the Mortgage Product team bringing with her a wealth of knowledge. Jenna enjoys designing Bespoke mortgages making sure customers get a quick turnaround and a mortgage to suit their needs.

Vicky Bradley

Vicky learnt everything there is to know about Skipton mortgages in our New Lending team where she passed her CeMap qualification. Recruited by the Mortgage Product team in 2015, Vicky helped develop the tailor-made flexibility of Skipton Bespoke. One of Vicky’s proudest achievements is combining her studies towards her Business Management degree at Leeds University, with her full time role at Skipton.

Sam Cockshott

Sam developed his first house from start to finish so he knows the emotional investment that goes into creating a home as well as the financial one. Before joining us in 2013, Sam worked in Business Information and he also has accounting qualifications. He knows that one size definitely doesn’t fit all and that the size of a loan makes a difference to the product features that will benefit customers.

Underwriting Team

Lyn Fall

Experience is key when it comes to making those measured financial decisions, and Lyn has been providing first class service with us for more than 27 years. But it’s not just about knowledge. Lyn takes pride in her friendly, personal approach - something she’s regularly complimented on.

Andrew Hudson

Andrew started his career at Skipton in the Commercial team in 1998 then moved to the Mortgage Centre in 2001. After 16 years spent underwriting mortgages (and after conquering the national three peaks), he’s prepared for anything – including making decisions on those high value applications that don’t necessarily fit our standard policy.

Julie Lamb

After 13 years with one of our competitors, based in Manchester and London, Julie eventually settled in Yorkshire to raise her family. She joined us in 1999 and in 2006 moved to our New Lending team, where she’s frequently recognised by brokers for her focused customer service.

Support Team

Holly Wilkinson

Holly will be one of the first people you speak to when you call our broker support line. She makes sure our service is professional, friendly and efficient, and is committed to ensuring every interaction makes you feel confident you’re in capable hands.

Christopher Smith

Christopher joined us after completing his degree in business and marketing. He’s determined to go the extra mile to give brokers the best possible support with our Bespoke service, “no matter how weird and wonderful the query.” As part of his degree Christopher also spent a year in Sweden at an internationally recognised business school.

Joseph Wood

Joseph thrives on building relationships and he’s been personally recognised by brokers on more than one occasion for doing a great job. He enjoys working with the wider support team to provide the five star service we’re so well known for, and looks forward to helping you tailor a bespoke product for your client.

Speak to your IRM

IRM Finder

Call Skipton Bespoke

0345 607 9757

Email Skipton Bespoke