Skipton Building Society is reducing mortgage rates across its existing customer range.

From 9am in 12 December, Skipton’s rate reductions will take place across its fixed existing residential and fixed existing buy-to-let range.

A total of 16 products will be receiving a decrease in these changes.

Its range of mortgage support products released in October are also receiving a rate decrease.

Jennifer Lloyd, head of mortgage products & propositions at Skipton, said: “I’m pleased to announce that from tomorrow we’re reducing the rates across our existing customer ranges for both residential and buy-to-let.

“As part of the reprice, we’re also reducing the rates on our recent mortgage support products and we will continue to look at even more ways to keep making membership matter to all of our customers.”