The new range, which includes a 1.69% rate on 50% loan-to-value (LTV) also has a free valuation and, for remortgages, free standard legals.

The new products, which range from 50% LTV to 90% LTV, allow overpayments of up to 10% per annum without penalty.

Kris Brewster (pictured), head of products at Skipton, said: “We are pleased to announce the launch of these new products which offer two-year discounts on our Mortgage Variable Rate from the date of completion.

“We believe they offer attractive rates of interest to homebuyers whatever size of deposit they may have.”

Further highlights include a two-year fee-free discount at 3.25% to 90% LTV, a fee-free two-year discount at 2.55% to 85% LTV and a fee-free two-year discount at 1.75% to 60% LTV.