The mutual has also fully rolled-out its shared ownership mortgages to the whole market following a trial with selected broker partners.
And it has enhanced its cashback incentive for first-time buyers using a Lifetime ISA to tie-in with the launch of the 95% LTV range.
Skipton has already promised £250 cashback on mortgages for its LISA customers, but if they also take a three-year fixed rate mortgage at 3.69% at up to 95% LTV they will receive an additional £1,000 cashback.
The range of residential 95% LTV products also includes a fee free two-year fix at 2.99%, fee free three-year fix at 3.35% and fee free five-year fix at 3.59%.
Skipton Building Society head of products Kris Brewster (pictured) said: “By adding 95% mortgages to our product range we are giving homebuyers, including those purchasing for the first time, the opportunity to step onto the housing ladder sooner than they might have expected.
“In addition, Skipton has already promised that all LISA customers who take a mortgage with the society will receive £250 cashback as standard but they can increase that amount by £1,000 by taking our new LISA exclusive mortgage product.”
Skipton added that its LISA customers have already received more than £98m in cash Lifetime ISA bonus from HMRC and that more than 100,000 accounts have been opened.
