New Skipton Building Society Base Rate Tracker Capped Mortgage launched

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New Skipton Building Society Base Rate Tracker Capped Mortgage launched

The launch of a new Skipton Building Society Base Rate Tracker Capped Mortgage has been announced today.

Skipton Building Society Base Rate Tracker Capped Mortgage will offer a pay rate of 4.75 per cent for three years.

Legal fees will not have to be paid by the mortgage borrower and free evaluation is offered as part of the new deal.

Free accident, sickness and unemployment cover for six months and flexible benefits also feature in the latest mortgage offer.

John Goodfellow, chief executive at Skipton Building Society, said: "We are expecting this to be a popular option, especially for those borrowers, such as first time buyers or couples with young families, who have to keep a tight rein on their finances."

Skipton Building Society Base Rate Tracker Capped Mortgage is offered by as part of a range of mortgage and financial investment options from the UK's seventh largest building society.

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