Existing Mortgages FAQs

  • My product is nearing maturity, what are my options?

    Prior to your current mortgage rates maturing you will receive a communication from Skipton International advising you of the current mortgage rate. Simply tick the box on the form, and send it back to us. If this is completed before the 23rd of the month prior to your maturity we can switch your product a month earlier. A letter will be sent in the post to you if you have not selected a product via the email. This will take place in the first week of your maturity month.

    If no product is selected then you will be switched to our standard variable rate, the interest rate will be featured on the list of available products. The advantage of the standard variable rate is that you will not receive an early redemption charge and you have an unlimited overpayment allowance, subject to terms and conditions.