Skipton extends availability of fixed rate bond and ISA range

Originally launched in September, this suite of on and offline fixed rate bonds and ISAs includes market-leading features and rates up to 0.05% higher than previously over one to five years.

The market-leading five and seven-year fixed rate bonds (at 3.00% and 3.50% respectively) remain, as does the table topping five year fixed rate ISA at 3.00%. The Society has also increased the rates on its three year bonds, by 0.05%.

Skipton's Head of Products, Kris Brewster, said:

"We're well aware that savers are struggling in the current, low interest rate environment, and that pain has been extended by predictions that the Bank of England Base Rate is likely to remain historically low until at least 2016.

"That's why we are doing what we can to offer savers decent returns against this backdrop. Our attractive bonds and ISAs, which include best buy rates on the five and seven year accounts, have proved incredibly popular since we launched them in September.

"Therefore, we're extending their availability until at least November, and increasing the rate on selected accounts."