View more on these topics

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


Mom’s the word

Four-page special report opens with Helen Pow looking at a crowded marketplace and finding opinion split on whether advisers are copping out by using multi-managers or giving clients the best option.

Land of the fee-free

Investec, the South African bank, emerged last week as the surprise bidder for Kensington Group with a deal that values the lender at around 283m. Kensington has had a fairly tough time of late and its share price has halved since this time last year but hopefully this acquisition will mark a new chapter for the sub-prime lender. It is good to see that Investec plans to keep and grow the brand.

Most firms expect levelling down

The Association of Consulting Actuaries is warning of a “pension apartheid” after its research found widespread concern among companies that personal accounts will damage existing provision.The ACA found 68 per cent of employers believe that personal accounts will lead to a levelling down in employer contributions while 76 per cent predict more closures of better […]

Bankhall works out bond redress

Bankhall has added a new feature to its complaint-handling facility to work out investment bond redress calculations, including precipice bonds. The facility currently calculates figures for compensation on mortgage endowments.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm