Related topic: Remortgage

The changes include a number of new product launches as well as pricing improvements across the existing range.

Geopolitical tensions, cost of living and affordability issues are making mortgage borrowers cautious, the survey found.

First-time buyer rates have seen the largest reductions.

60% LTV two-year fixed rates now start from 4.60%.

Stonebridge’s Mortgage Market Index found that overall mortgage activity rose by 24.6% in Q1.

The lender has lowered rates on its AVM, cashback, and assisted legals products.

The bank has reduced rates across its first-time buyer, home-mover and remortgage ranges.

The lender has reduced residential and buy-to-let rates by 20-25bps.

Landlord confidence was beginning to improve towards the end of last year, the latest figures show.

Steve Cox, chief commercial officer at Fleet Mortgages, says advisers and landlord borrowers have had to reassess their approach, particularly when it comes to committing to...