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Skipton Building Society – 2-Year Base Rate Tracker

Skipton Building Society – 2-Year Base Rate Tracker

Type: Tracker mortgage

Tracker term: Two years

Tracker rate: 1.98% above the Bank of England base rate

Payable rate: 2.48%

Minimum loan: No minimum

Maximum loan: Up to 60% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Free valuation and free legal fees for remortgages, capital repayments of up to 10% a year allowed without penalty in the tracker period, available direct and through intermediaries

Arrangement fee: £995 completion fee

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Refer to lender




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