Five-year rates now start from 4.84%.

The change applies to all mortgage products including residential, buy-to-let, holiday let, expat and self build.

Two and five-year fixed rates are available for both standard and specialist properties, such as HMOs and multi unit properties.

Buy-to-let rates have reduced by up to 0.35%.

The specialist lender has also added three-year fixed rate products to its DMP range.

The Society has introduced new lending into retirement and later life products to SimplyBiz members.

Offa says its new buy-to-let proposition will meet the needs of both Muslim and non-Muslim property investors.

The Bank says the launch is part of its continued focus on specialist lending.

The lender’s homebuying bundle combines mortgage and legal services with access to lower rates.

The Society has also extended end dates across the range.