Skipton Building Society is reducing rates on mortgage products for existing borrowers by up to 0.70%.
The mutual is also cutting the rates on its Government Scheme products, with reductions of up to 0.61%.
On New Build mortgage products, rates have been reduced by up to 0.42% while the Society also launched a new buy-to-let Base Rate Tracker product.
Charlotte Harrison, head of mortgages at Skipton Building Society, said: “Having reduced interest rates on our residential and BTL mortgage products last week, we’re making moves this week to ensure there’s a competitive product available for New Build buyers, as well as first-time buyers using government-backed schemes like Help To Buy and First Homes.
“And we’re thanking our existing customers for their loyalty too, by reducing rates by as much as 0.70% on products available to them.
“That means they can take advantage of market-leading value if and when they’re looking to switch products or move home.”
The building society has also reduced rates on its larger loan products.
