The Skipton Building Society has cut a number of its residential mortgage rates and has unveiled two new intermediary exclusives.

The exclusives are a 90% LTV five-year fixed residential purchase, no fee – 2.85% and a 60% LTV five-year fixed residential remortgage, no fee – 1.95%.

The reductions on the residential core range are as follows:

• 90% LTV two-year fixed residential purchase, no fee – 2.44% (was 2.60%)
• 85% LTV five-year fixed residential purchase, no fee – 2.28% (was 2.35%)
• 70% LTV two-year fixed residential remortgage, no fee – 1.59% (was 1.64%)

There are free standard valuations on all products and free standard legal fees on remortgages.

Paul Darwin, the Skipton’s director of intermediary relationships, said: “The weather may have cooled off for some of us, but the mortgage market is hotter than ever. I don’t think there’s ever been quite as much choice available to brokers and their clients, so it’s great that once again we can bring to the market another couple of intermediary exclusives for all our broker partners and reduce the rates on some of our core range too.

“We spend a great deal of time listening to them, and continually striving to deliver more for them. These two new products complement perfectly our existing suite of products, and I’m sure will be very popular.”