Leeds Building Society has made further reductions to its mortgage range, following its busiest first worth day of the year. The lender’s residential two-year fixed rate product now starts at 4.43% available up to 65% LTV. It comes with a £999 fee payable upon completion and includes a free standard valuation. The product is also available at 5.49% at up to 95% LTV and has no completion fee and also comes with a free standard valuation. Leeds Building Society’s shared ownership five-year fixed rate is available at 5.26% available up to 95% borrower share. It has no completion fee and comes with a free standard valuation.

The Mortgage Works (TMW) has reduced rates on products for new and existing customers by up to 1.2%, with rates starting from 3.69%. The buy-to-let (BTL) purchase and remortgage rate reductions for new customers include a two-year fix at 3.69% and 5.29%, available up to 65% and 80% LTV respectively. Both products come with respective 3% and 2% fees. The lender has also launched a new two-year product, available at 3.99% up to 75% LTV, and comes with a £3,995 fee. A five-year fixed rate is also available at 3.94% up to 55% LTV and comes with a 3% fee. TMW has also introduced a new fee option for landlords of £3,995 with competitive rates for this product starting at 3.89%, and will be introduced for BTL and limited company customers.

Skipton Building Society has cut rates across its mortgage product range, with the biggest reduction of 0.27%. The lender’s two-year fixed 75% LTV product now starts at 4.72% and comes with a £1,495 fee. Skipton’s track record mortgage has also received a further reduction of 0.17%, which takes the product from 5.52% to 5.35%, which is its lowest ever track record rate. Furthermore, the lender’s five-year products have been cut by 0.15%, with 90% and 95% LTV products starting from 4.84% and 4.95%. The 95% LTV product comes with a £1,295 fee.

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