Skipton launches 1.92% two-year fix
Skipton for Intermediaries has launched a leading two-year fixed rate at 1.92% and it is available for mortgages up to a maximum of £1 million.
Borrowers will need a 40% deposit to access this rate and it has a £995 arrangement fee. The APR is 4.9%. After the fixed period, the mortgage reverts to Skipton’s standard variable rate, currently 4.99%.
If you remortgage to Skipton they will provide a free property valuation and legal service designed to reduce the cost of switching lenders.
Aaron Strutt, product manager at Trinity Financial, says: “Skipton is still offering interest-only mortgages to second time buyers and remortgage customers.
“For applications up to 80% loan-to-vale (ltv), a maximum of 70% ltv can be taken on interest-only and the remaining 10% must be taken on a repayment basis.”
If you would like help to secure a best buy mortgage, call Trinity Financial on 020 7016 0790.
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