Skipton Building Society has cut rates across a further selection of residential and buy-to-let (BTL) mortgages from today (21 December).

Rates will be reduced across its new build and government scheme borrowing, as well as on products available to existing customers.

Highlights of the new products include a two-year BTL base rate tracker mortgage, 75% loan to value (LTV) with a fee of £1,995, no early repayment charges and with a rate of 4.61%.

The society has also introduced a five-year fixed new build mortgage, 95% LTV with no fee, £500 cashback until 2028 and a rate of 5.77%.

There is also a five-year fixed residential mortgage, 60% LTV, with no fee until 2028 available for existing customers only, with a rate of 4.49%.

The building society has also reduced rates on its larger loan products, and has added a base rate-tracking BTL product to its line-up for landlords.

Last week, the building society reduced rates across its fixed residential and BTL mortgage range.

Skipton Building Society head of mortgages Charlotte Harrison says: “Having reduced interest rates on our residential and BTL mortgage products last week, we’re making moves this week to ensure there’s a competitive product available for New Build buyers, as well as first-time buyers using government-backed schemes like Help To Buy and First Homes.”

“And we’re thanking our existing customers for their loyalty too, by reducing rates by as much as 0.70% on products available to them.”