PLEASE BE AWARE OUR MORTGAGE PRODUCTS CAN BE WITHDRAWN AT SHORT NOTICE.
Additional Borrowing is available to existing Skipton mortgage customers and allows you to increase your mortgage borrowing to pay for home improvements, a new car, a holiday - almost anything!
| |
Variable Rate Additional Borrowing |
Fixed Rate Additional Borrowing |
| Pay rate(s) |
For the term of the mortgage based on our current RSVR, giving a pay rate of |
6.45% |
Until 30 November 2011 the rate is fixed at |
6.59% |
| For rest of the term of the mortgage, changing to our RSVR currently |
6.45% |
| The overall cost for comparison is |
|
6.7% APR |
|
6.8% APR |
| Early Repayment Charge (ERC)(see note 1). |
None |
3% until 30 November 2011 |
| Cashback |
No |
No |
| Overpayments allowed up to 10% of original loan each year without ERC (over 10% ERC applies) |
Unlimited overpayments |
Yes, up to 30 November 2011 |
| Completion fee (see note 2) |
£125 |
£125 |
| Maximum LTV |
Subject to underwrite and purpose maximum LTV up to 85% |
Subject to underwrite and purpose maximum LTV up to 85% |
| Notes |
Existing Skipton borrowers only. This product is portable |
Existing Skipton borrowers only. This product is portable |
View Important Notes description of abbreviations
View Important Notes description of abbreviations