Skipton unveils new fixed rates

Skipton unveils new fixed rates

Skipton Building Society

Skipton Building Society has today launched a new range of fixed rate mortgages for residential buyers and property investors.

The range includes two new residential two-year fixes to go with the mutual’s existing range of two, three and five-year fixed rate deals at LTVs of up to 90%.

The Skipton’s existing buy-to-let range is being replaced with new two, three and five-year fixed rate buy-to-let products, with rates up to 0.40% lower than those previously available.

The products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.

Kris Brewster, Skipton’s head of products, said: “Two-year fixes are proving very popular at the moment and we are therefore delighted to be able to bolster our offering in that area with two very competitive new products.

“And with the private rental sector enjoying a continued resurgence, and many people looking to invest in property rather than cash given the low interest rate environment, we’ve decided to improve on our already attractive buy-to-let mortgage rates in order to cater for that ongoing demand.”