A range of new fixed rate mortgage deals is now available from Skipton Building Society.
Mortgages on offer include two, three and five year fixed rate deals, with rates starting as low as 4.29 per cent.
With rates at this level, borrowers could expect to make initial monthly payments of just £544 on a repayment mortgage worth £100,000, Skipton has revealed.
First-time buyers could also stand to save hundreds on the three-year fixed rate mortgage, which carries no higher lending charge.
Jennifer Holloway, head of media relations at Skipton Building Society, commented: "For borrowers looking to set their repayments for a longer time, our 3-year and 5-year fixed rate deals will fit the bill – especially as one has no higher lending charge to help ease the costs involved in buying a home."
All the new deals offer free accident, sickness and unemployment (ASU) cover for six months, along with flexible benefits such as daily interest, overpayment and payment holiday options.To read more about the best mortgage deals, click here.
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