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Frequently Asked Questions

We've brought together the answers to some of your most commonly asked questions.

Popular questions

Here are some of the most common questions asked by our customers.

There are a couple of ways you might have locked your account.

If you’ve entered your log in details incorrectly via Skipton Online:

You will then get the option to unlock your account using your Secure Passcode from your Skipton App, or the One-Time Code feature.

If neither of these security methods are available to you, you’ll need to call or web chat with our team so we can unlock your account.

If you’ve entered your 6 digit pin incorrectly via the Skipton App:

You can unlock within the app using your login details for Skipton Online.

HMRC will calculate bonus payments for your Lifetime ISA on a month-by-month basis. Your bonus is calculated on any payments you make into your account from the 6th of the month to the 5th of the following month. Your bonus will be paid into your account within 14 days of the 20th of month two.

For example:

  1. Pay into your Lifetime ISA between 6 April and 5 May
  2. The bonus is then calculated between 6 May and 20 May
  3. Your bonus is paid by 3 June

The day we receive payment from HMRC, we pay it directly into your account, so you don’t lose any interest.

Important information

In order to receive the 25% government bonus you must ensure your details held at both Skipton and HMRC are correct and match. This includes both your first name and surname, date of birth and National Insurance number (you must not hold a temporary National Insurance number to qualify for a Lifetime ISA).

If you’re registered for Skipton Online, you can:

  • You can update your email, postal address or telephone number(s) in Skipton Online. Log in to your account and then visit the ‘Personal Details’ section which you’ll find on the left hand side.

You’ll need your extra layer of security to hand. This can be either your Secure Passcode within the mobile app or your One-Time Code.

Other ways to update your details:

  • You can update your telephone number, email or postal address by calling us on 0345 266 0978, in branch or by writing to us. If you’d like to change your postal address over the phone, you’ll need to have set up a memorable word for telephone access.

If we don't have your signature on file and you're changing your details by post or in branch, we may ask you to provide verification of your signature.

Depending on your mortgage type, there may be restrictions on the maximum amount you can overpay, either by regular overpayments or as a lump sum, in one year without incurring an Early Repayment Charge. You can usually repay a fixed percentage of your original mortgage balance per year without charge. For more details, see your mortgage account summary in the Skipton app or in Skipton Online, or refer to the details in your mortgage offer.

If you are making lump sum overpayments, these may trigger a recalculation of your monthly repayment amount.

Debit card lump sum payment

You can make a lump sum card payment by calling us on 0345 850 1711.

Bank transfer

It is possible to make a bank transfer for an overpayment using the details below:

Sort code - 20-78-91
Account number - 70798924
Reference - Your 9 digit mortgage account number

Please note, if you don’t enter your 9 digit mortgage account number as the reference, the payment will be returned.

Regular Direct Debit overpayment

If you would like to regularly overpay, we can arrange to increase your Direct Debit amount. Simply call us on 0345 850 1711, speak to us on web chat or send us a Secure Message.

Just let us know how much you would like to pay each month and when you’d like this to take place. We can then arrange for the payment to be increased.

Other ways to make regular overpayments

If you would like to make regular overpayments by standing order or debit card payment then call us on 0345 850 1711 to discuss.

There are different rules that apply depending on when your account was opened and the reason for your withdrawal.

Please see our Lifetime ISA withdrawal charges page.

Lifetime ISA withdrawal charges

The Bank of England increased the bank base rate from 1.75% to 2.25% on 22 September 2022. Find out more about how this change could affect your mortgage or savings account.

Base rate changes
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