Skipton launches lowest variable mortgage | Product News - Moneyfacts

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Skipton launches lowest variable mortgage

Skipton launches lowest variable mortgage

Category: Mortgages
Date: 27/09/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Skipton Building Society's variable mortgage review has resulted in rates being cut by up to 0.40% as well as a new highly competitive product being launched.

The basics…

The pick of the bunch is the new variable tracker rate.

Offering 1.78% (Bank of England base rate + 1.28%) for two years, the mortgage is available up to 60% loan-to-value.

The finer details…

Borrowers will benefit from the generous incentive package that includes free valuation and legal fees.

This mortgage carries a fee of £995.

Why we like it…

On rate alone, Skipton's two-year variable tracker mortgage beats the current market leader by 0.01%.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best variable rate mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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