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Skipton Lift SVR Mortgage Ceiling for Existing Customers

Skipton BS have today announced that from 1st March they are lifting their SVR mortgage ceiling for existing customers.

http://www.skipton.co.uk/mortgages/svr/?utm_source=homepageSmileRightk&utm_medium=banner&utm_term=SVR&utm_campaign=svrCampaign

This means that when your deal ends you are now paying 4.95% instead of 3.5%

My 5 year fix ends in the Autumn and I was looking forward to 3.5% without having to worry about re-mortgaging with the associated costs.
Typical!!:(
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