Skipton Building Society is reducing a number of rates across its residential, buy-to-let and retention fixed products of up to 0.32 percentage points.

The mutual is to offer a pair of two-year fixed residential products: one available at 85% LTV at 2.65% with no fees and will be available across both purchase and remortgage, and one available at 60% LTV at 1.45% with no fees and available for remortgage only.

There are also three five-year fixed products: one residential available at 85% at 2.59% with a £995 fee and  available for purchase and remortgage, one residential at 60% LTV at 1.59% with no fees and for remortgage only, and a buy-to-let product at 75% LTV at 2.05% with a £1,995 fee and a available for both purchase and remortgage.

Skipton’s core range of products are also now available to new build applications up to 90% LTV.

Charlotte Harrison (pictured), product lead for mortgages at the Skipton, said: “At Skipton we are passionate about helping people into homes and saw record levels of completions for the second month this year buoyed undoubtedly by the stamp duty holiday.

“As we start to move beyond this, with the extension now tapering down, we are excited to provide a reduction across our ranges that not only support those customers looking to fulfil their home-buying aspirations but also those looking to remortgage and benefit from a new competitive deal.”