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BuildLoan – Skipton Three Year Base Rate Tracker

BuildLoan

Skipton Three Year Base Rate Tracker

Type: Tracker mortgage for self-build, renovations, conversions and home improvement

Tracker term: Three years

Tracker rate: 1.25% above the Bank of England base rate

Payable rate: 6.5%

Minimum loan: £25,000

Maximum loan: Up to 95% of valuation for land costs and 95% of valuation for build costs within final maximum of 95% of valuation subject to a maximum of £300,000

Income multiples: Based on affordability

Arrangement fee: £295 plus £599 completion fee

Redemption fee: Interest paid until the end of the month

Introducer’s fee: Refer to BuildLoan

Tel: 0870 870 9499

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