Skipton slashes rates

The new range includes a 1.92% 2-year fix available up to 60% loan to value and a 2.99% 2-year fix available up to 85% LTV.

Kris Brewster, the Skipton’s head of products, said: "Customers are already enjoying peace of mind knowing that their mortgage payments will not increase for a fixed period, no matter what happens with the Bank of England Base Rate.

“We have now made these products even more attractive by introducing interest rate reductions on our two year fixed rate mortgages.

“As we strive to offer our customers best value products we're constantly monitoring the marketplace and adjusting our products and interest rates to make sure they remain attractive.

“These latest reductions ensure they remain among the best value available as we continue to lend strongly in line with our commitment to helping people to achieve their homeownership aspirations.

“We’re pleased to offer this new product range, which offers fee and rate options to suit a number of different borrower requirements.

“We’re continuing to lend strongly, in line with our commitment to doing everything to help borrowers, and the ongoing popularity of our products is a reflection of that.”