Borrowers now safe with Skipton Building
are not certain about what is going to happen to the interest
rates by 2008, according to this Skipton have launched a range
of mortgage deals to help struggling homebuyers.
By mixing and matching through an option of fixed rates, trackers,
base rate, capped rate and discount rate products, homebuyers
can organise for any sudden interest rate increase and decrease
by paying a total of 5.19% with Skipton.
Head of lending, Colin Dale, at Skipton, spoke further, “None
of us has a crystal ball to know what interest rates are going
to look like in a few years’ time. That makes it hard for
today’s borrowers when it comes to choosing a product – for
example, do you fix your rate, even though the base rate could
be nearing the top of its cycle, or do you track the base rate
even though it’s likely to rise in the short term? At Skipton,
we have the answer because, unlike many lenders, borrowers can
mix and match to plan for any outcome.
Free Mortgage Enquiry