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Skipton defends mortgage increase

February 24th, 2010

Skipton Building Society denies wrongdoing after breaking a pledge not to raise mortgage rates to more than 3% above the Bank of England base rate.

Please consider:
Skipton admits mortgage ‘mistake’Skipton Building Society says an e-mail saying it would no longer lend to buyers of one bed flats was a mistake. ...
Skipton slaps extra £2,000 on mortgage billsThousands of homeowners are facing higher mortgage payments as Skipton Building Society tears up contracts. ...
Mortgage lenders cuts rates post Skipton shockTwo big High Street lenders last night reduced their mortgage rates, offering possible alternatives to hard-pressed Skipton Building Society customers still reeling from news of a big increase in their mortgage payments. ...
Skipton faces legal challenge over rate riseSkipton Building Society may face a legal challenge over its plans to raise its standard variable rate mortgage for 64,000 borrowers. ...
Building society in rescue dealThe UK’s oldest building society, the Chesham, agrees to be taken over by the Skipton building society. ...

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