The Bank is also updating its stress rates across two-year fixed terms.

There are more than double the number of 80% LTV deals compared to this time last year.

Rates now start from 3.19%.

Grant Hendry, director of sales at Foundation Home Loans, explores how a shift towards limited company ownership is also shaping refinancing patterns.

Anna Lewis, commercial director at Castle Trust Bank, explores how bridging finance can provide first-time landlords with an alternative way to secure their first property.

Product switch rates have reduced by up to 0.46%.

ModaMortgages has expanded its distribution through Iress.

Higher-LTV residential rates have seen some of the largest rate cuts.

The Bank offers brokers a 0.4% net procuration fee.

The range includes a lower rate for properties rated EPC A, B or C.