The reductions apply across purchase, remortgage and rate switcher products.

The new site follows the recent launch of an AI-powered packaging system.

Rates have reduced by up to 0.65% on the CHL 1 product range.

In December, the cost of an average UK home rose for the third month in a row, reaching the highest level since March 2023.

The lender has cut rates by between 20 to 40 basis points.

New limited edition products feature up to a 110bps reduction on the standard rates.

Les has more than 25 years of experience in later life lending.

Purchase rates now start from 4.13%.

Rates now start from 4.14%.

Despite this, the annual growth rate for net mortgage lending hit a record low in November.