Highlights from the refreshed residential range include a three-year fixed rate at 75% Loan-to-Value (LTV) at 2.89% and a five-year fix up to 90% LTV at 4.99%. Both products carry a fee of £195 on application and an £800 fee on completion.

The buy-to-let rate cuts are to the five-year fixed rate products which are now priced at 3.99% up to 60% LTV and 4.69% up to 75% both with fees of £245 on application and £750 on completion.

Paul Darwin, head of intermediary sales, (pictured) said: “We withdrew the buy-to-let tracker range because of the lack of demand for his product. It’s a stand out case of brokers voting with their feet. Their customers want fixed rates to we had a very low take up of the tracker product.”

Skipton announced the sale of mortgage administration firm HML today to the UK-arm of global administration and communications firm Computershare.