View more on these topics

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: 1.49% above the Bank of England base rate

Payable rate: 1.99%

Minimum loan: No minimum

Maximum loan: Up to 50% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

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

Flexible features: Overpayments, payment holidays, interest calculated daily

Arrangement fee: £800 completion fee plus £195 application fee

Redemption fee: 3% of the amount repaid in the first two years plus interest to the end of the month

Introducer’s fee: Subject to negotiation

Tel: 0800 7076009


UK policies sound despite stalling recovery, says IMF

The International Monetary Fund says the UK recovery has stalled over the last three quarters but that its current fiscal and monetary policies remain appropriate. The findings come as the IMF recognises that the UK’s position as a “key node in the global financial system” makes it just as capable of delivering global economic shocks […]

Numbers game

The latest Investment Management Association annual survey made interesting reading over the last few days and a couple of key findings caught my eye. First, the survey identified that investors are demanding more tailored investment solutions to meet their needs. A perfectly reasonable requirement. Second, our industry recognised that trust from our clients needs to […]


We won’t be joining Aifa, says St James’s Place chief

St James’s Place says it has no plans to join Aifa following the trade body’s decision to open up its membership to restricted advisers. Aifa said last week it will broaden its membership to restricted advisers, although single-tied advisers will not be allowed to join. Speaking to Money Marketing last week, SJP chief executive David […]

US loan growth is not painting a pretty picture for the US economy

Written by Mike Riddell One of the current big debates in global financial markets is whether investors should believe ‘hard’ rather than ‘soft’ data, where the usually reliable business and consumer surveys have been suggesting strengthening in global growth momentum for some time now, while the economic data that feeds through into the Gross Domestic […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment