Related topic: Mortgage rates

Those rolling off older mortgage deals could see monthly repayments jump by around £866.

The products provide existing customers with additional options to review their borrowing and raise funds against their portfolios.

Existing customer mortgage rates have seen the largest reductions.

The Society has reduced fee-paying and fee-free options across its purchase range.

The limited edition rate is introduced as part of broader high-LTV rate reductions.

Rates have reduced by up to 0.23% across the lender's ranges.

Rates across key F1 products have been reduced by up to 0.35%, with rates now starting at 4.59%.

Homeowners continue to adapt to market conditions, with 42% saying they are now more likely to lock in their remortgage rate early.

The Society is also introducing a three-year fixed rate residential product at 95% LTV for existing customers.

The lender has reduced rates across its Premier range for the second time in June.