View more on these topics

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


Mystery shocker

Advice: Compliance consultant Adam Samuel says the FSA’s mystery-shopping results underline the fundamental importance of asking the full range of questions for a fact-find and carefully considering the answers to fit the pieces together to make an accurate assessment of understanding clients’ attitudes to risk before giving investment advice

NU to slash 4,000 jobs by 2007

Norwich Union will announce 4,000 job losses across its UK operations by the end of 2007.Around half of these will be in the form of compulsory redundancies, with about 1,000 support roles being offshored to India and 500 IT roles outsourced to third party suppliers.Following a review of its businesses, NU says it is hoping […]

Skandia boosts Old Mutual profits

Old Mutual released the first set of results since its acquisition of Skandia which saw sales of life and pension products more than double to £732m on an annual premium equivalent basis.The acquisition of Skandia by Old Mutual was completed in February 2006 and this boosted the provider’s operating profit by 39 per cent from […]


Wheel of fortune

Three intrepid cyclists from Invesco Perpetual should now be about mid way through the seven-day Octopus Super Challenge Cycle-a-thon which started from Esparon in Southern France last Sunday.All being well, income and high-income fund guru Neil Woodford and colleagues Nick Hamilton and Stephen Anness aim to complete the gruelling 1,165km ride back to London next […]


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