On the residential side, purchase and remortgage fixed rate products begin from 5.29 per cent for a two-year fixed rate at 60 per cent LTV with £995 fee.
The lender said that five-year fixed residential rates below 90 per cent loan to value (LTV) will be available for existing customers only. Its five-year fixed rate with £999 fee at 90 per cent LTV is 5.19 per cent.
It added that it had brought out two residential base rate trackers, which include a two-year fixed rate at 60 per cent LTV priced at 4.72 per cent and 75 per cent LTV version at 4.89 per cent. Both come with a £995 fee, with minimum loan of £5,000 and maximum loan of £3m.
In its buy-to-let range, pricing begins at 5.45 per cent for a two-year fixed rate at 60 per cent LTV with £995 fee and 5.18 per cent for a five-year fixed rate at 60 per cent LTV with £1,995 fee.
Skipton has increased its mortgage variable rate and its buy-to-let mortgage variable rate has increase by 0.25 per cent to 6.54 per cent.
Within its government scheme products, for new customers its LIFT products are priced at 6.08 per cent, First Homes starts from 5.05 per cent, Shared Ownership begins from 5.45 per cent, Help to Buy is priced from 5.07 per cent and Scottish First Homes rates stand at 4.89 per cent.
The lender added that end dates have been extended to September 2025/2028 for its residential and buy-to-let product ranges.
TSB pulls residential and BTL mortgages
TSB has removed select residential and buy-to-let mortgages from its offering.
In a note to brokers, the bank said it was making the “urgent” decision to pull its three-year fixed remortgage products from 2pm today.
Applications for existing products must be made before the removal deadline.
The lender also announced that it will be withdrawing its two-year fixed purchase and remortgage products for buy-to-let borrowers yesterday.
A spokesperson for TSB said: “We regularly review our mortgage products. These are temporary changes which have been made in response to external market conditions.”
