Skipton announces new build rate cuts of up to 0.84%

Skipton Building Society is cutting rates by up to 0.84% on its new build products.

Related topics:  Finance
Rozi Jones
16th January 2017
Skipton 4

Skipton’s new build purchase range now includes a fee free two-year fixed rate at 2.75% to 90% LTV and 2.35% to 90% LTV, while fee free five-year products start from 3.15% to 90% LTV and 2.95% to 90% LTV.

From today, Skipton is also offering revised rates on its 90% LTV core range products. Two-year fixed rates start at 2.13% with £995 completion fee and 2.56% fee free, both with free upfront valuations.

Two-year fixed remortgage rates start at 2.09% with free upfront valuations and standard legal fees.

Kris Brewster, Skipton’s Head of Products, said: “We are delighted to offer lower rates on our new build range, which offers great value for those wishing to purchase their new home.

“We believe our new build residential products offer very attractive rates and will help first time buyers and those looking to move up the housing ladder to realise their dream of moving into a new property. All new build applications to Skipton are given a priority underwrite within its specialist underwriting team.”

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