The Banks have also reduced rates across a number of mortgage products, with two-year fixed rates now available from 1.59% up to 75% LTV and 2.39% at 90% LTV.
Five-year fixed rates at 75% LTV have been reduced to 2.49%.
First-time buyers now have access to a three-year fixed rate from 2.79% and a five-year fix at 4.29%.
New remortgage rates include two-year fixed rates at 1.69% up to 60% LTV and 1.99% at 80% LTV, while five-year fixes now start from 2.49%.
Helen Page, Group Innovation and Marketing Director, said: “We understand that buying a property requires a significant upfront outlay. That’s why we’re offering customers a £750 cash back payment, to help them retain some cash flow and manage some of the other costs involved with setting up a home.”
