View more on these topics

Skipton BS launches new fixed and tracker range

Skipton Building Society has launched a range of new two-year fixed rates and two and three-year trackers.

The deals are available from tomorrow through Skipton branches, its contact centre and intermediaries.

The range includes a two-year fixed to 60 per cent loan-to-value at 2.98 per cent, a two-year tracker at base rate plus 1.78 per cent to 60 per cent LTV and a three-year tracker at base rate plus 2.18 per cent to 60 per cent LTV.

The new range includes mortgages from 60 per cent to 90 per cent LTV, including a two-year fixed rate mortgage to 90 per cent LTV at 5.38 per cent.

All products come with a £995 completion fee and overpayments of up to 10 per cent annually. Free legals and valuations are available for remortgages.

Skipton has also launched a range of new three and five-year fixed rate mortgages today.

The three-year fixed mortgages start at 3.78 per cent to 60 per cent LTV and include a 90 per cent LTV mortgage at 5.98 per cent. The five-year fixed rate range includes a 60 per cent LTV deal at 4.68 per cent and a 90 per cent LTV deal at 6.28 per cent.

Senior product manager William Gill says: “We hope that – coupled with the longer term fixes we launched today – these latest products will assist more borrowers with their mortgage requirements – including people with lower deposits.”

Recommended

3

Bailed-out EU countries should get interest rebates, says MEP

Bailed-out EU countries should be refunded some of the interest they have paid on loans once they pay off their debts, according to the chair of the EU’s economic and monetary affairs committee. Liberal Democrat MEP Sharon Bowles says she is concerned at the high levels of interest bailed-out countries are paying and says rich […]

4

Lenders hit back at Cameron criticism

Lenders have slammed Prime Minister David Cameron’s claims that they are holding back the housing market by lending too cautiously. Last week, Cameron called on lenders to return to “respectable” lending to get the housing market moving. Building Societies Association head of mortgage policy Paul Broadhead says the Government cannot criticise lenders for being more […]

RWC launches currency fund

RWC Partners has launched a Ucits III enhanced absolute rate and currency fund for Peter Allwright and Stuart Frost. Allwright and Frost joined RWC Partners in October last year from Threadneedle, where they co-managed the Threadneedle target return, absolute return bond and macro crescendo trading funds. Their approach involves core allocations to short duration, high-grade […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment