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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.”

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