The Skipton Building Society has reintroduced a residential two-year discount mortgage range with rates from 1.29%.

The new products range from 60% LTV to 90% LTV and offer free valuations on purchase products and free valuations and standard legals for remortgages.

Kris Brewster (pictured), the Society’s head of products, said: “We are pleased to announce the launch of these new products which offer two year discounts on our MVR from the date of completion. In the present low rate environment, we believe they offer very attractive rates of interest to homebuyers whatever size of deposit they may have and offer an alternative option to fixed rates.

“We continue to strive to offer our customers best value products and we’re constantly monitoring the marketplace and introducing new products to ensure they remain attractive.”