The Skipton Building Society has launched an updated residential mortgage range with rate reductions of up to 0.17 percentage points and new products for buyers with a 20% deposit.

The range includes two-year fixes at 1.52% to 60% LTV (£995 fee) and 1.99% to 80% LTV (fee free), both for purchase and remortgage, and, for purchase only, a fee free two-year fix at 2.89% to 95% LTV and a five-year fix at 3.09% to 95% LTV with £495 fee.

The 10-year fixed range for purchase and remortgage includes a fee free 2.99% to 90% LTV, while the cashback range includes a two-year fix at 2.79% to 90% LTV with £1,000 cashback.

Alex Beavis, the Skipton’s head of mortgages, said: “Skipton continues to add value to its residential mortgage range with interest rate reductions on a wide range of products across the range.

“After 166 years of helping people get a home of their own, Skipton’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.

“The new range is available through the Society’s Skipton Direct customer service centre, branches and all intermediaries.”