The mutual, which owns the Connells Group estate agency, says the products cover two-, three- and five-year terms.  

Highlights include:  

• A two-year residential mortgage, at 90% loan to value, with no fee, at 5.70%  
• A three-year residential mortgage, at 90% LTV, with a £995 fee, at 5.41%  
• And a five-year residential mortgage, at 75% LTV, with no fee, at 5.10%  

The move comes after chancellor Jeremy Hunt calmed international debt markets in October, by largely reversing former chancellor Kwasi Kwarteng’s tax-cutting mini-budget on 23 September, which saw the number of products on the market fall sharply while remaining loan prices jumped. Hunt went on to consolidate his measures in the Autumn Statement last month.           

Skipton Building Society head of mortgages Charlotte Harrison says: “We keep a close eye on our product range and its place in the current market, and we’re seizing the opportunity to bring down the rates on our latest range of residential mortgages with some really competitive deals that give homeowners great value on new borrowing, and landlords aren’t left out either.

“Our updated range of BTL products offer similarly reduced rates.  

“And with our core focus of supporting first-time buyers take their first step onto the property ladder, we’re launching a range of products tailored to buyers looking to get the keys to their first home.

“We’ve refreshed two- and five-year fixed-term products that are available on up to 95% LTV.”