The Society has launched new rates across residential, expat, buy-to-let and holiday lets starting from 5.70%.

The average two-year fix is now 5.00%.

The average two-year fixed rate for someone with a 20% deposit has lowered from 5.21% in August 2024 to 4.38%.

90% LTV products have seen the largest rate cuts.

Rates have decreased by up to 0.19%.

The latest rate reductions cover the lender's standard and limited company buy-to-let ranges.

The last time this was the case was in September 2022 before the mini-Budget.

The lender's lowest rate now stands at 3.74%.

The Society's 100% LTV Track Record is at its lowest rate since launch.

Residential and buy-to-let rates have reduced by up to 0.54%, alongside improved affordability.