22. Aug, 2017

Skipton BS cuts interest-only rates

Skipton Building Society has cut interest-only rates at 60% and 70% loan-to-value.

To 60% LTV the lender’s 2-year fix stands at 1.69% after a reduction of 0.10% and its 5-year fix costs 2.15% after being cut by 0.09%. Both products come with no completion fee.

To 70% LTV 2-year fixes cost 1.79% with no fee and 1.43% with a £1,495 fee.