The Skipton Building Society has released an intermediary update. For full details see their latest product information here. All Skipton products are accessible through our direct to lender mortgage club with payment on completion. Contact us for details.
Skipton Announcement
Product Withdrawal
From 10pm this evening we will be withdrawing the below products. Our 2 Year Buy to Let fixed products will also be amended to be available for Existing Customers only.
Key Changes
- Withdrawal of our 3 Year fixed rate Residential products.
- Withdrawal of our 5 Year Buy to Let fixed rate products.
- Withdrawal of our 2 and 5 Year New Build products (including Government Schemes).
These products will be withdrawn at 10pm tonight and will be re-introduced to our mortgage range in due course.
Following last week’s MPC Meeting and the Government’s subsequent mini-budget we continue to see the market response unfold.
In response, we will be temporarily withdrawing our New Business Product Range with immediate effect.
We haven’t taken this decision lightly but have done so in order to avoid further disruption for you and your clients.
We are working hard on a new range which will launch in due course.
Please rest assured that this won’t affect applications currently in progress and our Existing Customer Range remains available.