Retain a mortgage balance with Skipton and continue to enjoy some great benefits. If you are close to paying off your mortgage you may want to consider leaving a balance of £150* in your mortgage account so you can
continue to benefit from:
- Membership and voting rights
Free storage of your Title Deeds. If we already hold them free of charge, we will continue to do so;
These would ordinarily be returned to you on redemption and arranging safe-keeping of them elsewhere could incur unnecessary cost
for you. (Free storage only applies to mortgages completed prior to 13 October 2003).
No redemption administration fee
When you fully repay the mortgage you will not be charged a redemption administration fee (currently £55).
- A notional fixed interest rate of 1%
*Fees may be charged for additional services. Please see the Tariff of Mortgage Charges leaflet.