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Property loans get cheaper at Skipton

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5 January 2005

As the January sales hit the high street, Skipton Building Society is getting in on the act with the launch of a new range of mortgage products.

From January 10, borrowers will be able to choose from a new two-year fixed rate mortgage at 4.79 per cent, four new discounted rate mortgages starting from 2.99 per cent, a new Capped Rate Mortgage capped at 5.69 per cent or two new Stateside Tracker mortgages from 3.91 per cent.

Jennifer Holloway, head of media relations at Skipton Building Society, commented: "The buzz word for our new mortgage range is choice - not only in the types of product available, but in the initial pay rate, the fees payable and the terms of early repayment of the loan.

"This is even extended to our ever popular Stateside Tracker Mortgage, which is now available over a four-year term as well as the existing seven years.

"The fact that many of these products have seen their rate reduced is the icing on the cake."



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