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Skipton launches two-year fix rate mortgage

Skipton Building Society has launched a new two-year fixed rate mortgage with a rate of 3.99 per cent until November 30 2004.

It offers 0.30 per cent discount off the variable rate, currently 5.70 per cent, in years three and four, and 0.50 per cent off the variable rate from year five onwards.

It is available with a loan to value up to 95 per cent and has free mortgage indemnity guarantee up to a 90 per cent LTV.

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