Related topic: Mortgages

The lender has reduced fixed and variable rates by up to 0.15%.

The lender delivers rate reductions of up to 25bps and broadens HMO eligibility to support landlord affordability.

The Society has launched an expat self-build proposition and increased the maximum LTV for foreign nationals to 90%.

The products have no early repayment charges and a choice of 2% and 5% fee options.

Rates have reduced across products from 80% to 95% LTV. 

The Society says the change reflects the growing demand from landlords to place their investment properties in a SPV.

The lender has appointed a national account manager and two telephone BDMs.

Cuts apply across the lender's core and interest-only ranges.

The bank says the move aims to boost landlord affordability and rental supply.

Purchase approvals fell as mortgage rates increased for the first time since February.