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Skipton relaunches intermediary only three-year fixes

Skipton has relaunched its range of three-year fixed rate products, available to intermediaries only.

The products are available for purchase and remortgage up to 90% LTV and are all fee free, coming with free valuations and also free legal fees for remortgages.

Rates start from 1.71% at 60% LTV, which Skipton says is currently the lowest available on the market.

Other products include a 75% LTV at 1.85%, 85% LTV at 2.05% and a 90% LTV at 2.61%.

Kris Brewster, Skipton’s Head of Products, said: “For many borrowers, getting the best mortgage deal available for your specific needs has never been more important in the current mortgage market.

“We’re seeing a trend of more people wanting to look at longer term fixes but the gap between the two and five year deals can be just a little bit too much for some. Offering a three-year deal bridges this a little, and gives people that extra choice and ability to lock in the current low interest rates for a little longer.”

Sourced From: Financial Reporter