The Skipton Building Society is adding new three-year fixed rate purchase and remortgage products to its residential core range.

The mutual is introducing a refreshed range of residential mortgages with rates lowered on certain products by up to 0.34 percentage points.

New fee-free three-year fixes for purchase and remortgage are offered at 1.94% to 75% LTV, 2.19% to 85% LTV and 2.54% to 90% LTV.

For remortgages only, there is also a new two-year fix at 2.24% to 80% LTV, and five-year fixes at 2.14% to 60% LTV and 2.38% to 80% LTV, all with £350 cashback.

For purchasers, the refreshed range of residential products includes a two-year fix at 2.16% to 90% LTV and a five-year fix at 2.74% to 90% LTV, both with £995 fees.

On the remortgage side, products include a two-year fix at 2.59% to 90% LTV and a five-year fix at 2.95% to 90% LTV, both fee free.

All purchase and remortgage products offer free valuations, while some remortgage products also include free standard legals or £350 cashback.

These new products are available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.

Kris Brewster, Skipton’s head of products, said: “This refreshed core range offers products across a wide range of short-term and longer-term fixed residential mortgages, both for new buyers and those wishing to remortgage. We continue to offer fee and rate options to suit a number of different borrower requirements.”