Skipton Adds Market Leading Two Year Fixed Rate Mortgage
Published: 10 July 2010 By MoneyHighStreet Staff Leave a Comment
Skipton Building Society is adding a new market leading two year fixed rate mortgage to its mortgage range.
The new Limited Edition 2 Year Fix mortgage will be available from Monday with an interest rate of just 2.99% and not product fee.
Skipton plans to gradually increase its mortgage lending during 2010 and this new product supports this.
Head of Products Kris Brewster said: “This is a very positive addition to the varied and good value product range Skipton already offers. We understand that unprecedented economic conditions have impacted heavily on the housing market.
As the country begins to recover from recession, we’re doing our best to enable people to buy their desired homes through affordable products backed up by great service.”
This new fixed rate mortgage is available to both new and existing customers who are buying a new house and is available up to 60% LTV.
There are Early Repayment Charges of 3% for redemption during the product term although fee-free overpayments of up to 10% of the property value per annum can be made.
Anyone wishing to find out more about our new mortgage range can visit the Society’s website, call the customer service team on 0845 8501755 or visit any Skipton branch.
