Skipton Building Society reduces rates and relaunches high LTV remortgage

Dariusz Karpowicz, director at Albion Financial Advice:

“Skipton Building Society’s decision to reduce rates on some fixed and tracker products is a refreshing departure from the recent trend of rate hikes.

“The reintroduction of higher loan-to-value options for remortgages is also a positive step.

“This bold move by Skipton sets them apart in the current climate, and provides a glimmer of hope in a tightening market.

“But only time will tell if this prompts a broader shift across the industry.”