The bank has reduced two and five-year fixed rates at 85-95% LTV. 

The lender has launched new two-year fixed rates to support credit impaired borrowers.

Mid-lifers (30–49-year-olds) remain the most financially strained, with only 41% satisfied with their standard of living.

Standard two-year fixed rates now start from 2.94%.

Members have already created the first version of on an industry-wide property data trust framework.

Advisers cite compatibility with existing systems and cost of switching as the top barriers.

The lender has also increased maximum loans sizes on second charge and consumer buy-to-let.

The lender has also introduced new residential purchase exclusives.

The Society says the reduction reflects a change in market conditions and lending costs. 

The Society has also enhanced its criteria on expat applications.