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BuildLoan – Skipton Three Year Base Rate Tracker


Skipton Three Year Base Rate Tracker

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

Tracker term: Three years

Tracker rate: 2.39% above Bank of England base rate

Payable rate: 7.39%

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 85% of valuation subject to a maximum of £350,000

Income multiples: Based on affordability

Arrangement fee: £395 plus lender’s completion fee £949

Redemption fee: 2% of the amount repaid in year one, 1% I years two and three

Introducer’s fee: Refer to BuildLoan

Tel: 0870 870 9499


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