Skipton BS and TSB announce rate changes Mortgage Strategy

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Skipton Building Society and TSB announce rate changes, both effective from tomorrow (7 June).

Skipton has made rate cuts across its residential two-year fixed rate products as well as changes to rate on its residential five-year fixes.

The rate on its track record mortgage will also go up from 5.55% to 5.79%, while new fee products have been added to its residential two- and five-year fixed ranges.

There have been rate changes across selected fixed buy-to-let (BTL), government schemes and existing customer-only product ranges.

In addition, end dates have been extended to September/November 2026/2029.

Meanwhile, TSB is increasing rates on its two-year fix first-time buyer (FTB) and home move 75% to 95% LTV by up to 0.20%.

The lender has also put rates up on its five-year fix FTB and home mover 75% to 90% LTV by up to 0.20%.

This morning, Vida announced rate reductions across its buy-to-let (BTL) and residential product ranges by up to 0.35%.


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