It is cutting the interest payable on the standard and low fee versions by 0.30% and 0.20% respectively to 3.38% and 3.68%
The change follows the recent launch of Skipton’s 2-year fixed rate deals.
Kris Brewster, head of products at Skipton, said: “There has been some further downward movement in swap rates over recent weeks and so we’ve seized the opportunity to re-price some of our 3-year fixes to make them even more competitive.
“We’re constantly monitoring market conditions to ensure our products remain among the most competitive available.
“As a mutual, Skipton is committed to bringing competition and choice to the mortgage market, by offering consistently good value mortgages, and loans which meet people’s evolving needs in current market conditions.”
