And what's more, there's no product fee applied to this limited edition product.
The new Limited Edition 2-Year Fix, which launches today, is available up to 60% loan-to-value and is the latest step in the society's plan to gradually increase lending during the course of 2010. It further enhances a range offering solutions for a range of borrower needs - including 95% deals for first time buyers struggling to get a footing on the property ladder.
Head of products Kris Brewster said: "Given it's great rate - combined with no fee - we expect our new limited edition 2.99% two-year fixed mortgage to be very popular with buyers and would urge people to apply as soon as possible, as we have only a limited tranche available and when it's gone, it's gone.
"This is a very positive addition to the varied and good value product range Skipton already offers. We understand that unprecedented economic conditions have impacted heavily on the housing market. As the country begins to recover from recession, we're doing our best to enable people to buy their desired homes through affordable products backed up by great service."
