Skipton fixed rate mortgage deals get even better

Starting from today, Skipton Building Society has lowered interest rates on all of its current residential 3 and 5 year fixed rate mortgages – which could be good news for those who are looking for a great fixed rate mortgage deal.

Fee-free fixed rate deals now available

Interest rates are being lowered on the entire residential fixed rate mortgage range, and there are some new fee-free deals offering the opportunity to fix your mortgage for three years at 3.32% (85% loan to value/LTV) or five years at 3.76% (85% LTV). For those who prefer to pay an application fee of £195 and a completion fee of £1800, the fixed rates lower to 3.02% and 3.44% respectively.

Available for purchase and remortgage

Skipton Head of Products, Kris Brewster, commented that: “We are pleased to offer these new competitive rates on 3 and 5 year fixed rate purchase and Skipton remortgage products. It means that homebuyers and remortgage customers can have the security of fixing their mortgage payments over a longer period of time. By reducing the rates on our 3 and 5 year fixed products and also offering a variety of fee options, Skipton is continuing to provide products which suit a number of different borrower requirements.”