Skipton launches new build deals

The new build range is available at 75%, 80% and 85% loan to value and fixed until 2017 with rates starting at 2.45%.

In addition to Skipton Intermediaries is also launching three seven-year intermediary exclusives with rates starting from 3.19% for remortgage and 3.49 for purchase.

Paul Darwin, Skipton’s head of intermediary relationships, said: “Following the success of our recent limited edition first-time buyer products we’re delighted to announce the release of our first ever range of new build exclusives, together with a very competitive seven-year fixed rate range of residential products.

“At Skipton Intermediaries we spend a great deal of time talking with and listening to brokers, and it’s thanks to their feedback that we’ve been able to devise these great products and continue to support our broker partners.

“We know that increasing the supply of housing is important for homeowners and the economy and these latest products give clients more choice in their mortgage requirements.

“We realise that these products are likely to be highly sought-after and therefore they will be available on a first come, first served basis, for a limited time only.

“But as part of our commitment to our new Real Life Lending charter, Skipton Intermediaries will give brokers five working days to submit all pipeline business following a withdrawal.”