Skipton Building Society is launching a refreshed mortgage range with reductions across all standard residential interest rates.

From Wednesday 28 October, Skipton’s new mortgage products includes:

• Two-year fix at 2.85 per cent to 85 per cent LTV with a £995 fee (previously 3.49 per cent)
• Five-year fix at 1.77 per cent to 60 per cent LTV with no fee (previously 2.30 per cent)
• Five-year fix at 1.45 per cent to 60 per cent LTV with a £995 fee (previously 1.94 per cent)
• Five-year fix at 2.99 per cent to 85 per cent LTV with a £995 fee (previously 3.94 per cent)
• Two-year fix at 2.14 per cent to 70 per cent LTV with no fee (previously 2.36 per cent)

Skipton head of mortgages Alex Beavis says: “We’re delighted to offer a refreshed residential purchase mortgage range for purchase and remortgage with interest rate reductions across the board.

“We’re currently averaging just six days from application to offer, based on an average rolling 30-day figure, and answering calls and webchats in under two minutes.

“However, we expect this new range to be very popular and therefore encourage fully packaged purchase applications to be submitted as soon as possible to help us continue to offer this exceptional level of service.”

The new range is available through the society’s Skipton Direct customer service team, branches and all intermediaries.