SKIPTON Building Society is helping first time buyers by launching two new 90 per cent shared ownership products.

The Society is also making changes to its residential and buy-to-let fixed range with rate reductions of up 0.34 per cent on selected products.

Skipton’s two new 90 per cent LTV products for shared ownership, which are available for purchase and remortgage customers, includes a fee free 2-year fix at 3.65 per cent.

Other key rates: Residential 5 Year Fixed, 90% LTV, £995 Fee, 3.39% available for purchase and remortgage customers, and Buy to Let 2 Year Fixed, 70% LTV, £995 Fee, 1.81% available for purchase and remortgage customers.

Alex Beavis, Skipton’s head of mortgages, said: “We’re delighted to launch new Shared Ownership products for homebuyers. Skipton also continues to add value to its residential mortgage range with interest rate reductions on a selected products across the range.”