The Society has cut rates across its entire residential range.

The lender has reduced all 60-75% LTV remortgage rates by up to 0.16%.

The reductions include core, Income Flex, Credit Flex and Flex Plus products.

The market has slowed down slightly, but overall activity is significantly healthier than last year.

The lender has introduced new product options and reduced rates.

Rates start from 3.45% with no application fee for SSC properties.

Virgin has trimmed residential and buy-to-let rates by up to 0.11%.

Rates have reduced by up to 0.16%.

Market Harborough Building Society has announced it will reduce a range of its mortgage rates starting 1 July.

Brokers were cautioned against recommending two-year fixes in the expectation that rates will be lower in two years' time.