The offering is a 60% LTV 5-year fix at 1.64% with no fees, available for purchase and remortgage.

The new offering is available through the society’s direct customer service team, branches and intermediaries.

Alex Beavis, head of mortgages at Skipton Building Society, said: “Skipton has been helping people to secure their own homes since 1853 and continues to bring a variety of mortgage options for its brokers and customers to suit their needs.

“As we enter a new year, it is important to Skipton that we continue to review our offerings and provide all customers, new and existing, the opportunity to ensure their money and mortgages are in a good place, bringing peace of mind to customers.”