Skipton Building Society has reduced 24 rates across its mortgage product range.

Rates have been reduced by up to 37 basis points (bps) across its two and five-year fixed residential ranges.

Key changes include the following: 

• Two-year fixed rate at 85% LTV with a £1,495 fee, now 4.97% reducing 34bps from 5.31% 
• Five-year fixed rate at 95% LTV, now 5.19% reducing 11bps from 5.30%.

New products to the range:

• Two-year fixed rate at 95% LTV with £500 cashback at 5.82% 
• Five-year fixed rate at 95% LTV with £500 cashback at 5.28%