Related topic: Mortgage rates

The Society has also launched new two-year fixed rates at 85% LTV.

The lender has also reduced the minimum debt service cover ratio (DSCR) from 130% to 125%.

The lender has launched limited edition buy-to-let products and reduced residential rates across its range.

The reductions also include the lender’s £5K Deposit Mortgage.

The Bank has also launched new five-year fixed rates starting from 5.69%.

The bank has announced rate cuts of up to 0.10% across its high-LTV residential range.

The most significant percentage decline was seen in remortgage searches, which fell 12.7% compared with the weekly average.

The lender has reduced residential and buy-to-let mortgage rates.

Rates have reduced on two and five-year fixed rate products, alongside discounted variable rates.

The new rates start from 4.99% for residential and buy-to-let cases.