View more on these topics

Skipton Building Society – Flexible Seven Year Fixed Rate Mortgage

Skipton Building Society

Flexible Seven Year Fixed Rate Mortgage

Type: Flexible fixed-rate mortgage

Fixed term: Until April 30, 2014

Fixed rate: Loans up to 95% of valuation – 5.44%, loans up to 75% of valuation – 5.34%

Minimum loan: £5,000

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 t o no maximum

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, free legal fees through Skipton Home Conveyancing Service and free valuation for remortgages

Flexible features: Overpayments, payment holidays, interest calculated daily

Arrangement fee: £599

Redemption fee: 5% of amount repaid in year one, 4% in year two, 3% in years three to five, 2% in year six, 1% in year seven

Introducer’s fee; Subject to negotiation

Tel: 0800 87 66 010


Recommended

Legal & General buys Nationwide’s subsidiaries

Legal & General has announced it is to buy Nationwide’s subsidiaries Nationwide Life and Nationwide Unit trust managers in a £285m deal.As part of the deal, Nationwide Building Society and Legal & General have today announced that they have entered a joint distribution agreement for the supply of life insurance, investment and pension products. The […]

Correspondent’s Week

This week by Daily Telegraph personal finance reporter Myra Butterworth.

Positive Solutions shelves flotation

Positive Solutions has abandoned plans to float on the stockmarket but is setting up a technology and admin company called Platform in April.Financing plans have not been finalised but Aegon is expected to take a stake in the business. No other product providers will be invited to invest.Platform was revealed last week at the national […]

Survey says secrecy surrounds life cover questions

Insurers are in danger of declining too many non-standard applications and taking a covert preferred-life route according to CWC Research senior partner Clive Waller.He says insurers are becoming increasingly fussy about who they accept on their books in a bid to keep rates low and this is not acceptable if it is not done in […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com