A 2-year fixed rate to 60% loan to value is now 3.38% down from 3.59% while the rate up to 75% LTV is now 3.78% from 3.89%.
The 2-year fix up to 80% LTV is now 3.88% down from 3.99%; up to 85% LTV is down to 4.48% from 4.58% and the rate up to 90% LTV is unchanged at 5.58%
All products are fixed until 30 September 2014; have an application fee: £195 a completion fee of £800 and revert to Bank Base Rate plus 4.45% (currently 4.95%).
The new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.
Skipton’s head of products, Kris Brewster, said: “The recent downward fluctuation in swap rates has enabled us to review our product range accordingly, and this latest launch is an example of how we are capitalising on the opportunity provided by such changes to offer even more competitive deals to our customers.
“We now have an even stronger choice of product types, including fixes and trackers, over various terms and LTVs, to suit a range of circumstances. These include higher LTV options at up to 90%, which are designed to help people whose equity has been reduced by current market conditions.”
