The Skipton Building Society has reduced rates by up to 0.20 percentage points on selected Help to Buy products.

The Skipton’s Help to Buy purchase range includes a fee-free two-year fixed rate at 2.31% to 70% LTV with free upfront valuation and £500 cashback. Five-year fixes are available at 2.39% to 60% LTV with £995 fee and free valuation, and fee-free 2.75% to 60% LTV and 2.89% to 70% LTV with free valuation and £500 cashback.

The Skipton has introduced two new Help to Buy remortgage three-year fixes at 2.83% to 70% LTV and 2.85% to 75% LTV, both with free valuations and £500 cashback.

The society has also extended the end dates on all Help to Buy and New Build products to 31 January.

In addition, the Skipton has replaced the current free legal incentive on Help to Buy remortgage products with £500 cash-back.

Kris Brewster (pictured), the Skipton’s head of products, said: “We are delighted to offer lower rates on selected products in our Help to Buy range, and to introduce new three-year remortgage products.

“We’re also pleased to continue to offer our two and five-year new build range, which offers great value for those wishing to purchase their new home.

“We believe our new build residential products offer very attractive rates and will help first time buyers and those looking to move up the housing ladder to realise their dream of moving into a new property. All new build applications to Skipton are given a priority underwrite within its specialist underwriting team.”