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Skipton Intermediaries – Two-Year Fixed Rate Purchase and Remortgage

Skipton Intermediaries – Two-Year Fixed Rate Purchase and Remortgage

Type: Fixed-rate mortgage

Fixed term: Until April 30, 2013

Fixed rate: 5.38%

Minimum loan: No minimum

Maximum loan: Up to 90% of valuation subject to a maximum of £250,000, up to 85% of valuation subject to a maximum of £400,000, up to 80% of valuation subject to a maximum of £750,000, up to 75% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

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

Arrangement fee: £900 completion fee and £95 application fee

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Subject to negotiation




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