The average two-year fixed rate for someone with a 20% deposit has lowered from 5.21% in August 2024 to 4.38%.

90% LTV products have seen the largest rate cuts.

Rates have decreased by up to 0.19%.

The latest rate reductions cover the lender's standard and limited company buy-to-let ranges.

The last time this was the case was in September 2022 before the mini-Budget.

The lender's lowest rate now stands at 3.74%.

The Society's 100% LTV Track Record is at its lowest rate since launch.

Residential and buy-to-let rates have reduced by up to 0.54%, alongside improved affordability.

The lender has launched a 4.06% three-year fix as part of the latest round of rate reductions.

The Society is now offering a 4.29% two-year fix at 90% LTV.