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Skipton to launch seven-year fixed rate range

Written by: Samantha Partington
Skipton Building Society has launched a seven-year fixed rate mortgage range which the lender claims is the one of its kind in the market.

The range of fee-free seven-year fixed rate mortgages are available from 60% to 90% loan-to-value (LTV).

Kris Brewster, the society’s head of products, said: “With the continuing uncertainty over Bank of England base rates we have taken the major step to offer our customers seven-year fixed rate products which will enable them to plan for the future knowing that their mortgage repayments will remain static for the longer term.”

The new range also includes new two-year fixed rate mortgages including a low rate, higher fee option and five-year fixed rate mortgages at 60% and 90% LTV.


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