New Skipton 10-year mortgage unveiled

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New Skipton 10-year mortgage unveiled

Skipton Building Society has launched a new 10 Year Fixed Rate Mortgage, expanding on its competitive range of mortgages products.

The new mortgage promises to bring peace of mind to homeowners who are concerned about rising interest rates.

It offers a fixed rate of interest of 5.29 per cent for loans up to 75 per cent LTV and 5.39 per cent for loans up to 95 per cent LTV.

It also includes free accident, sickness and unemployment cover for six months and flexible benefits, and there is no application fee.

John Goodfellow, chief executive of Skipton Building Society, said: "With the recent base rate increase introducing uncertainty back to the mortgage market, fixed rate deals have definitely gained in popularity.

"For those seeking certainty over the longer term, our new 10 Year Fixed Rate Mortgage gives them all the peace of mind they need."

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