Welcome to our Fixed Rate mortgage products

Fixed Rate Mortgages

Enjoy the security of a fixed rate mortgage, with products available over a variety of terms to suit you and your individual needs.

Coronavirus (COVID-19) update

Last updated: Thursday 26 March

In light of latest government instructions around the coronavirus (COVID-19) situation, the market is temporarily suspending all face-to-face property valuations. This means we are temporarily unable to offer any new mortgages for residential or buy-to-let purchases, and may not be able to proceed with remortgage applications requiring a physical valuation.

We will continue to update this message as the situation develops and hopefully will have products to offer you in the near future.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Enjoy the security of a fixed rate mortgage

A mortgage with a fixed rate could be ideal for those who want to budget accurately each month. Not only does it offer you set monthly payments; it also protects you from interest rate rises as the rate will remain unchanged over the product period. If interest rates fall, however, you may not benefit from lower monthly payments as you would with a variable rate mortgage.

Our Fixed Rate Mortgages

Once the fixed, discounted or tracker period of the mortgage ends, the interest rate you pay will change to the Residential Mortgage Variable Rate (RMVR), or if you have a Buy to Let Mortgage, the Buy to Let Variable Rate (BMVR), which were  introduced on 14 November 2012. These are different interest rates to the Society's Residential Standard Variable Rate (RSVR) or Buy to Let Standard Variable Rate (BSVR) although both MVRs and SVRs are set by the Society. These interest rates may change by different amounts at different times. Our RMVR and BMVR do not have any ceiling. For further details please see Skipton Variable Rates.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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