Skipton Intermediaries
Skipton Intermediaries

Skipton Building Society for Intermediaries

When you need a “yes” for more of your clients, you need a lender who says, “let’s find a way”.

That’s where Skipton comes in – with innovation and a personal touch at the heart of its intermediary mortgage service. Because as affordability pressures grow, Skipton has developed smart solutions to help you find a way.

You get faster decisions. Answers you won’t always find elsewhere. Skipton is built on common-sense lending. You'll have a dedicated BDM by your side, who has direct access to underwriters who look at real situations - not rigid checklists.

Skipton champions fair, modern affordability rules and pushes for meaningful industry change.

Visit Skipton’s website for flexible criteria. Higher LTV options. Innovative affordability solutions for all sorts of circumstances.

And for more ways to a yes.

Proc Fees

Product Gross Net
Fee Min Max Fee Min Max
Residential product transfers and additional borrowing 0.30% 0.28%
BTL product transfers and additional borrowing 0.35% 0.33%
Residential* 0.40% £4,000 0.37% £3,500
BTL* 0.50% £3,750 0.45% £3375
Product Type When does the lender pay PMS? Frequency
All Within 2 weeks of completion Weekly

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  


Overview

Register Lender-InfoBoxWhite

Register to place business with Skipton Intermediaries:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

Register

When you place a case with us, you’re getting:

Underwriting

• access to our underwriting team if you need it
• any extra documents requested at initial underwrite reviewed within a target time of 24 hours. 

People

• support from a network of dedicated BDMs
• a combination of technology and the human touch, so simple cases should fly through and more complicated cases get the attention they need
• clear, timely communications. 

Service

• support via web chat, phone, email, video call, Twitter for general queries, case updates and new enquiries.

Minimum Submission 
Providing a fully packaged case first time will improve the time to offer and help out their our underwriters. 

** PLEASE NOTE – Skipton have invested in Auto Income Verification technology and therefore the items below may not always be required. Please only send documents requested in your DIP approved e-mail **

Here’s a checklist of everything Skipton will need: 

• Latest P60 (if using additional income).
• Latest month’s payslip (if employed).
• Latest full month’s bank statement showing salary credit (also rental income if BTL).
• Accountant’s Certificate (preferable) OR latest two years’ full signed accounts OR two years’ SA302s and one year of accounts (if self-employed).
• Any other fees your client has opted to pay up front.
• Evidence of retirement income, if the term takes your client into retirement.
 

Useful Links

Products - Choose from a range of Skipton mortgage products for your clients.

Lending Criteria - View lending criteria to assess client suitability.

Useful Literature - Download useful literature and forms.

To Contact Skipton Intermediaries, Click Here

 

Intermediary use only
Skipton Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 153706, for accepting deposits, advising on and arranging mortgages and providing Restricted financial advice. Principal Office, The Bailey, Skipton, North Yorkshire, BD23 1DN.


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