Skipton launches new fixed rate mortgage range
22 August 2005
Skipton Building Society has today launched a new range of 2-Year, 3-Year and 5-Year Fixed Rate Mortgages, with rates starting from as low as 4.29%.

This means borrowers could make initial monthly payments of only £544 on a £100,000 repayment mortgage. One new product which is likely to prove attractive to borrowers, and first time buyers in particular, is a 3-Year Fixed Rate Mortgage with no Higher Lending Charge (MIG) – saving customers hundreds of pounds at the outset.

Jennifer Holloway, head of media relations at Skipton Building Society, commented, "Previously only available to home buyers, Skipton's 2-Year Fixed Rate Mortgage proved so popular we've decided to offer it to everyone. With such a low rate and no application fee, I'm sure it's popularity will continue. And for borrowers looking to set their repayments for a longer time, our 3-year and 5-year fixed rate deals will fit the bill – especially as one has no Higher Lending Charge to help ease the costs involved in buying a home."

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