Looking to buy a new home?
PLEASE BE AWARE OUR MORTGAGE PRODUCTS CAN BE WITHDRAWN AT SHORT NOTICE
Your variable interest rate is directly linked to Bank of England Base Rate (BoEBR) for the whole term of the mortgage. Please note that a floor applies to the products listed below, please refer to www.skipton.co.uk/mortgages/tracker_mortgages for more details.
| |
Base Rate Tracker Purchase or remortgage |
Base Rate Tracker Purchase or remortgage |
| Maximum LTV (see Important Note 3) |
85% |
85% |
| Pay rate(s) |
For 2 years tracks BoEBR plus 3.28%, |
Currently a pay rate of 3.78% |
For 2 years tracks BoEBR plus 3.08% |
Currently a pay rate of 3.58% |
| then, BoEBR plus 4.45% for the term of the mortgage |
Currently 4.95% |
then, BoEBR plus 4.45% for the term of the mortgage |
Currently 4.95% |
| The overall cost for comparison is |
4.9% APR |
5.0% APR |
| Early Repayment Charge (ERC) (See Important Note 1) |
3% for 2 years |
3% for 2 years |
| Application fee |
£195 |
£195 |
| Completion fee (See Important Note 4) |
None |
£800 |
| Notes |
This product is portable and available for purchases only through our branch network & Skipton Direct team |
This product is portable and available for purchases only through our branch network & Skipton Direct team |
| Overpayments allowed up to 10% of original loan each year without an Early Repayment Charge (see important note 6) |
Yes, for 2 years |
Yes, for 2 years |
| Maximum loan |
£1,000,000 |
£1,000,000 |
| Features (see Important Note 2) |
- |
- |
| How to apply: |
|
| How to apply: |
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View Important Notes description of abbreviations
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