The Skipton Building Society is reducing rates on its two-year residential tracker mortgages and three-year purchase and remortgage fixes as part of a core residential range revamp.

Its new residential trackers available for both purchases and remortgages include a 1.43% to 75% LTV and a 1.97% to 90% LTV with no completion fees.

The Skipton’s three-year fixed range for purchases and remortgage includes three new products: 1.57% to 60% LTV and 1.64% to 75% LTV, both with £995 fees, and a fee free 1.89% to 60%LTV.

The new range also includes a fee free seven-year fix at 2.99% to 90% LTV for purchase and remortgage.

Purchase products offer free valuation while remortgage products also include free standard legals.

Kris Brewster (pictured), the Skipton’s head of products, said: “Skipton continues to add value to its residential mortgage range by lowering rates on three year fixes and residential tracker products. Our mortgage products continue to have an emphasis on offering wide choice and good value.

“The Society’s clear message continues to be that we want to offer new and existing customers the most competitive rates and the best levels of service to enable them to complete their purchase or remortgage in the quickest possible timescale.

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