First-time-buyers or home buyers can benefit from a 0.10% reduction for TSB's 2-year fixed and tracker mortgages with a 60-75% LTV and a 0.05% reduction between 60-80% LTV.
TSB is also offering a 0.05% reduction on 3-year fixed rate between 60-75% LTV and 5-year fixes up to 75% LTV.
Skipton's new residential range includes new 2 and 5 year fixes with no application fees and rate reductions on all 2 year fixes and selected 5 year fixes.
The range includes a 2 year fixed rate at 1.49% up to 60% LTV (£995 completion fee) and a fee free 5 year fixed rate at 3.77% to 90% LTV.
For those wishing to remortgage, the range includes 2 year fee free rates at 2.59% to 85% LTV and 3.39% to 90%, and a 2 year rate at 2.99% with a £995 completion free.
5 year fee free rates start at 2.65% up to 60% LTV and 2.39% with a £995 completion fee.
Kris Brewster, the Society’s Head of Products, said:
“Skipton continues to add value to its residential mortgage range with these new two and five year fixed term products. We have cut interest rates significantly across the range.
“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.”
