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Skipton Building Society

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deedum
deedum Posts: 10 Forumite
Ninth Anniversary First Post Combo Breaker
edited 19 June 2014 at 8:17PM in Mortgages & endowments
Just wondering if anyone has any experience with them. I have not been living in the UK for the last 3 years consecutively and have been advised by my mortgage broker they are the only ones who will give us a mortgage, apart from Halifax (only 2 years though).

Would really like to hear peoples thoughts on SBS.

Thank you.

Comments

  • MrsDB
    MrsDB Posts: 13 Forumite
    I have my first mortgage for them for the last seven years, were easy to use and never had an issue with them but to be honest have hardly had any commincation between us
  • ACG
    ACG Posts: 24,577 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    I like Skipton, I send a lot of my business their way.

    That being said, I would be very surprised if they were the ONLY lender, theyre not known for being the most lenient (although they are not difficult).

    They need to pick up atleast 1 line of credit, so assuming you have a phone or bank account then they should at the very least be able to find you.

    They have a bit of a backlog at the minute, 6-7 days to look at applications last I heard.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • deedum
    deedum Posts: 10 Forumite
    Ninth Anniversary First Post Combo Breaker
    Anybody able to recommend a solicitor as the one I suggested have been turned down by Skipton because they've not dealt with them?
    The one recommended by my broker is expensive, compared to the other solicitors in the area.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    SBS will have a list of approved panel solicitors.
  • See the earlier post about how they upped their SVR in March 2010 by 1.45% (to 4.95%) to see how they treat their customers.

    Luckily I'm only stuck with them for another 3 years.
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