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Skipton Building Society – 10 Year Fixed Rate

Skipton Building Society

10 Year Fixed Rate

Type: Fixed rate mortgage

Fixed term: Until June 30, 2017

Fixed rate: 5.59%

Minimum loan: £25,000

Maximum loan: Up to 95% of valuation subject to a maximum of £400,000, up to 90% of valuation subject to a maximum of £500,000, up to 85% of valuation subject to a maximum of £750,000, up to 80% of valuation subject to a maximum of £1m, 75% of valuation subject to no maximum

Income multiples: Up to four times principal income plus second or 3.25 times joint

Flexible features: Overpayments, payment holidays, interest calculated daily

Conditions: Capital repayments of up to 10% a year allowed without penalty, free legal fees and valuation fees for remortgages

Arrangement fee: £1,999

Redemption fee: 5% of the amount repaid in the first two years, 4% in years three and four, 3% in years five and six, 2% in years seven and eight, 1% in years nine and 10

Introducer’s fee: Subject to negotiation

Tel: 08706 061621

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