The bank has launched new sub-4% three-year fixed rate products.

Rates across the Society's Credit Revive and Credit Restore ranges have reduced by up to 40bps.

The Mortgage Works has reduced buy-to-let and limited company mortgage rates by up to 0.30%.

The maximum loan is now segmented in to three groups, which allows brokers to compare maximum loan with and without fees.

Two and five-year fixed rates have reduced by up to 0.27%.

The Bank's highest LTVs have seen the largest rate reductions.

Rate cuts apply across the lender's first-time buyer, home mover and remortgage ranges.

The lender has reduced rates for new and existing customers looking for a new mortgage deal by up to 0.22%.

The latest updates also see enhancements to Pepper’s AVM criteria.

Rates in the range start from 5.74%.