Skipton reduces residential rates up to 90% LTV

Skipton Building Society has reduced rates across its residential mortgage range.

The latest reductions cover fixed rates and Base Rate tracker products between 60%-90% LTV.

Overall, rates have fallen by an average of 0.11% with the largest cut being 0.22%. 

Jen Lloyd, head of mortgage products and propositions at Skipton, said: “The mortgage market has repeatedly shown its resilience, and falling rates are an encouraging sign. However, with global conflict and amid wider economic uncertainty, conditions remain volatile and a degree of caution is still needed.

“Today’s cuts bring welcome relief for both existing homeowners and those looking to step onto or move up the property ladder. While affordability remains stretched, these reductions mark a positive step forward, and we’ll continue to monitor conditions closely and respond responsibly to support our customers as the market recovers.”