Rates start from 3.19% amounting to a 2.65% discount in the first year and are available up to 95% loan to value (LTV) with free mortgage indemnity guarantee up to 90% LTV. The products also come with free accident, sickness and unemployment cover for six months.

Skipton claimed the popularity of its previous three-year stepped discount mortgages had led it to add to the product range adding that it believed its product range provided customers to choose a mortgage that best suited their financial situation.