Skipton Building Society will reduce rates of select government scheme products by up to 0.36 per cent and withdraw high loan to value (LTV) new build and government scheme deals.
The changes come into force from 9am on 17 January.
The lender said that it would cut rates for its two and five-year deals in its government scheme product ranges by up to 0.36 per cent.
This includes a no-fee two-year fixed rate Help to Buy purchase and remortgage at 60 per cent LTV, which will be priced at 5.39 per cent.
Its no-fee five-year fixed rate shared ownership purchase and remortgage deal at 95 per cent LTV will be 5.9 per cent.
The lender’s no-fee five-year fixed First Homes purchase-only product at 95 per cent LTV will be 5.28 per cent.
Skipton added that it would withdraw select two-year 95 per cent LTV new build and government scheme products.
It added that two-year government scheme deals will be extended to August 2025 for repriced products only.
Five-year new build and government scheme products will be extended to August 2028 for repriced deals only.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
