Skipton reduces rates on 3 and 5-year fixed rate mortgages

Skipton Building Society is further enhancing its competitive mortgage range with a variety of changes to the interest rates on some of its 3 and 5-year fixes.

Rates have been reduced by between 0.10% and 0.40%, while the range continues to offer the flexibility and choice of different fee structures and product terms.

Skipton's Head of Products, Kris Brewster, said: "This is the second time we've reviewed and reduced our fixed rate mortgage rates in recent weeks, in response to customer feedback and market trends.

"At Skipton, we're continuing to provide borrowers with value, flexibility and choice, with competitive mortgages designed to help them achieve their homeownership aspirations despite continued economic and market challenges.

"These changes will help us maintain our track record of offering some of the most competitive mortgage products currently available - as well as being one of the few players to offer 95% LTV and buy-to-let loans to help support first and next time buyers struggling to raise large deposits, and property investors, respectively."

This latest range of products complements the competitive and varied range of fixed rate and tracker products the Society already has available.

Anyone wishing to find out more about our new mortgage range can visit the Society's website at skipton.co.uk/mortgages.