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Skipton Building Society – Flexible 10 Year Fixed Rate Mortgage

Skipton Building Society

Flexible 10 Year Fixed Rate Mortgage

Type: Flexible fixed-rate mortgage

Fixed term: Ten years

Fixed rate: Up to 95% of valuation – 5.39%, up to 75% of valuation – 5.29%

Minimum loan: £25,000

Maximum loan: Up to 95% of valuation subject to a maximum of £250,000, up to 90% of valuation subject to a maximum of £400,000, up to 85% of valuation subject to a maximum of £500,000, up to 80% of valuation subject to a maximum of £750,000, up to 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: Overpayments of up to 10% a year allowed without penalty, free mortgage payment protection insurance for the first six months, free standard legal fees for remortgages, free valuation for remortgages on properties valued up to £500,000

Arrangement fee: £499

Redemption fee: 5% in year one, 4% in year two, 3% in year three, 2% in year four, 1% in year five

Introducer’s fee: Subject to negotiation

Tel: 0800 87 66 010

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