Skipton cuts rates

The Society will also reduce rates on its 3 and 5-year fixed rate buy-to-let products.

Kris Brewster, Skipton's head of products, said: "We're constantly monitoring the marketplace and adjusting our products and interest rates to ensure they remain among the most attractive available.

“These newly reduced rates signal our intent to continue where we left off in 2012 – lending strongly to enable more people to buy their desired homes wherever possible. We are particularly excited to be reducing rates on our 90% LTV products, with rates starting from 4.49% this will really help to support first time and next time buyers with 10% deposits.”