The lender has also increased selected rates by up to 0.19%.

Brokers who utilise Brilliant’s mortgage club and specialist packager now have access to Catalyst’s range of short to medium term property loans.

All rates up to and including 80% LTV have been reduced by up to 20bps.

The Bank says it wants to make home ownership more affordable for first-time buyers and existing homeowners. 

The biggest rate reduction is on Pepper36 Light.

The Right Mortgage AR firms can now register with The Loughborough to access its full product range.

First-time buyers receiving a gift as part of their deposit has dropped by 4% in a year.

The new criteria search function covers the lender’s range of residential and buy-to-let lending products.

The data also shows a shift in fixed-term product preferences. 

Rate cuts impact the lender's full range including two, three and five year fixed rates.