Skipton increase mortgage rates

Following the recent announcement of an increase in the Bank of England’s base rate, borrowers with Skipton Building Society will be pleased to find the Society’s new SVR – at 6.39% - remains lower than any of the UK’s top 10 building societies.

John Goodfellow, chief executive, commented, “The fact that our SVR remains the lowest of any top 10 building society and at 0.71% our net interest margin is one of, if not the, narrowest in the financial industry, we have definitely proven ourselves as champions of customers fairness and value.”