Skipton mortgage exit fees 'reduced'
www.moneynews.co.uk > Mortgages > Skipton mortgage exit fees 'reduced'
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Money News |
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Skipton mortgage exit fees 'reduced'
Fri 2nd Mar 2007
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From April 1st, mortgage exit administration fees will cost a consumer £125, a significant reduction from the previous figure of £175.
The decision comes on the back of the Financial Services Authority's January statement regarding mortgage exit administration fees.
Skipton mortgages also incorporate a number of other attractive offers for its consumers, with its standard variable rate deal possessing a rate of 6.64 per cent, believed to be one of the best.
The group has also speculated that its net interest margin of 0.72 per cent is one of the lowest available.
Skipton's competitive rates are available at the UK's seventh largest building society's 79 branches, with the group being the first provider to receive the quality assurance standard of the Customer First Framework.
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