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Skipton cuts rates by up to 0.4 per cent in new two year fixed mortgage range

9th September 2014 Print

Skipton Building Society is launching a new residential 2 Year Fixed mortgage range with rates dropping by as much as 0.40%.

The new range offers market leading rates with a choice of fee and rate blends to maximise choice and flexibility. Skipton anticipates that it will attract plenty of interest from homebuyers keen to fix their payments with the continuing possibility of a Bank of England Base Rate increase.

Kris Brewster, the Society’s Head of Products, said: "Customers are already enjoying peace of mind knowing that their mortgage payments will not increase for a fixed period, no matter what happens with the Bank of England Base Rate. We have now made these products even more attractive by introducing interest rate reductions on our two year fixed rate mortgages.

“As we strive to offer our customers best value products we're constantly monitoring the marketplace and adjusting our products and interest rates to make sure they remain attractive. These latest reductions ensure they remain among the best value available as we continue to lend strongly in line with our commitment to helping people to achieve their homeownership aspirations.

“We’re pleased to offer this new product range, which offers fee and rate options to suit a number of different borrower requirements.

“We’re continuing to lend strongly, in line with our commitment to doing everything to help borrowers, and the ongoing popularity of our products is a reflection of that.”

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