Skipton mortgages 'cover all bases'

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Skipton mortgages 'cover all bases'

Homeowners who are uncertain of the direction interest rates are going to be heading are being encouraged to consider taking on one of many Skipton mortgages.

The group has announced details of a number of new packages it is rolling out to suit the needs of each and every consumer.

Those people looking for the certainty of fixed monthly repayments might consider taking on one of Skipton's fixed-rate mortgages, with two-year packages starting from a rate of 5.19 per cent.

Skipton also provide mortgages for people looking for long-term security, with three, five, seven and ten-year packages available.

Skipton base rate tracker mortgages are also on offer for people who want to see their rates track the Bank of England base rate.

The group's three-year package will track the base rate plus 0.24 per cent and will also be capped at 6.19 per cent for three years.

Colin Dale, head of lending at Skipton, said: "None of us has a crystal ball to know what interest rates are going to look like in a few years' time."

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