Skipton Building Society will cut rates across its new and existing customer residential ranges by up to 46 basis points from tomorrow (31 January).  

The mutual will also reduce prices across selected landlord and government scheme products, amounting to 44 rate changes in total.  

Its largest reduction will see five-year buy-to-let fixes at 75% loan to value, with a £2,995 fee, fall to 4.49% from 4.95%.  

Highlights of its other changes include:  

• Reintroduces residential two-year 90% LTV base rate trackers for new business  
• Adds two existing customer-only residential products (two-year 90% LTV, with £0/495 fees)  
• Adds two existing customer-only BTL products (two- and five-year 60% LTV, with a £995 fee)  

It adds that new existing customer products cover:  

• Two-year 90% LTV deals, with no fee at 5.29%  
• Two-year 90% LTV deals, with a £495 fee at 5.19%  
• Two-year 60% LTV BTL deals, with a £995 fee at 4.79%  
• Five-year 60% LTV BTL deals, with a £995 fee at 4.31%