Skipton reduces its 2 and 3 year fixed mortgage rates.
The Skipton Building Society has announced that it is introducing a range wide 2 and 3 year fixed mortgage rate reduction.
Rates are now up to 0.4% cheaper across its shorter term fixed rate range.
For those with a 15% deposit, a 2 year fixed rate 85% LTV mortgage is now available at just 2.59% which is a 0.4% reduction. The rate on this deal is highly competitive however fees are set high at £195 for the lender's application fee and £1,800 for the completion fee.
If you are interested in this 2 year fix but want a lower fee option the lender has also launched a low-fee version. A rate of 2.89% is offered with a £300 completion fee and a fee free version is on offer at 3.29%.
For those looking for longer term security, an 85% LTV 3 year fixed rate mortgage is on offer at 3.46% with a £195 application fee and a £300 completion fee. A fee free version is on offer at 3.65%.
An added incentive is offered by the lender, all remortgage products come with a free valuation and free legals.
If you would like to review the lender's range, comparing it against the entire UK market to source the best mortgage, call Deal Direct.
We are an independent 'whole of market' broker dedicated to finding our mortgage clients the very best deal market-wide.
Call 0800 048 8828 for impartial advice,
and a low rate mortgage.