Fraudsters are encouraging savers to move their money into higher risk cryptocurrency investments. Skipton does not endorse any cryptocurrency investments.
Be cautious of uninvited investment offers. If something doesn’t feel right, trust your instincts and take the time to investigate.
When you take out a fixed rate, tracker or discounted mortgage with us, the initial deal lasts for a set period. Once this time is up, you have a few options. Including:
In the three months before your current deal ends, you're able to select your next one. And you're not tied to the deal you choose which means you can switch again ahead of your deal ending, for example - if rates fall in that time.
You could lose your home if you don't keep up your mortgage repayments.
This is the amount you pay each month, including any voluntary overpayment. You can find this in your bank statement, mortgage transaction history or mortgage offer.
If you decide not to switch your deal, your mortgage will automatically move on to our Mortgage Variable Rate (either our Residential Mortgage Variable Rate or Buy to Let Mortgage Variable Rate). Or where applicable you will pay a discounted rate on our Mortgage Variable Rate for a set period. However, this could mean your payments may be higher or lower, depending on your current rate. The Mortgage Variable Rate is set by Skipton, and can change from time to time.
If you are considering applying for additional borrowing, for things such as home improvements, you might want to do this when you switch to a new deal. Call our mortgage advisers on 0345 607 9825 if you have any questions and to find out more. Additional borrowing is subject to our lending criteria and your individual circumstances.
Mortgage valuations and the Skipton Conveyancing Service are not regulated by the Financial Conduct Authority.
We’ve started inviting some of our mortgage members through the current app. The new app has been designed to make managing your mortgage easier with a fresh look and features shaped by your feedback. For now, it’s members who only have a mortgage, but savings and more features are coming soon.
Find out more
