Skipton Building Society (Part of the Skipton Group) has today announced that from 9.00am Tuesday 23 June, rate cuts will be made across its entire Residential Fixed range.
Skipton is also introducing a 3 Year fixed residential product at 95% LTV for existing customers.
Average rate reduction of 0.18%. Largest reduction of 0.40%.
Jen Lloyd, Head of Mortgage Products and Propositions at Skipton said:
“The mortgage market has continued to show resilience, and we’re pleased to introduce further rate reductions following cuts earlier this month. With interest rates holding and a degree of improving certainty in the Middle East, this is providing some welcome respite for borrowers.”
“While global conditions remain changeable and affordability is still stretched for many, these latest reductions represent a positive step forward for both existing homeowners and those looking to get onto or move up the property ladder. We will continue to monitor the environment closely and respond responsibly, maintaining a cautious but supportive approach to help our customers navigate the market.”
