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Skipton building Society – Seven Year Fixed Rate

Skipton building Society

Seven Year Fixed Rate

Type: Flexible fixed rate mortgage

Fixed term: Until January 31, 2014

Fixed rate: 5.14% with £799 arrangement fee, 5.24% with £499 arrangement fee

Minimum loan: £5,000

Maximum loan: Up to 75% of valuation subject to 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: £499 or £799

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

Introducer’s fee: Subject to negotiation

Tel: 0800 87 66 010

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