Skipton cuts residential mortgage rates by up to 32bps across 90%, 95% and 100% LTV deals

Skipton Building Society cut rates on its two-, three- and five-year residential fixes from 9am on Tuesday 19 May, with the largest reduction at 32bps and an average of 14bps. The cuts target the higher 90%, 95% and 100% LTV bands where affordability has been tightest. For buyers near the top of their borrowing, that shaves a small but real chunk off monthly costs. With wider rate-cut momentum stalling, this looks like a single-lender push rather than a market-wide shift.