Skipton Base Rate Tracker Extra mortgage launched
www.moneynews.co.uk > Mortgages > Skipton Base Rate Tracker Extra mortgage launched
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Money News |
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Skipton Base Rate Tracker Extra mortgage launched
Wed 1st Feb 2006
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With a rate of 4.99 per cent, monthly payments on a £100,000 mortgage over a 25-year term would be £585, according to the lender.
There is no application or completion fee and borrowers will receive £150 cashback on completion.
Jennifer Holloway, head of media relations at the building society, said: "We believe the simplicity of this mortgage is what will make it so attractive to borrowers."
The Skipton Base Rate Tracker Extra mortgage offers up to 95 per cent loan to value and there is no early repayment charge.
For the first six months of the loan, customers will receive free accident, sickness and unemployment cover.
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