The bank has also launched new green mortgage products.

The lender has increased higher-LTV mortgage rates.

The Society has increased the maximum LTV and enhanced its limited company lending criteria.

The bank is also temporarily withdrawing its green remortgage range for residential and buy-to-let customers.

Rates have reduced by up to 0.15%.

The cheapest five-year fixed rate at 60% LTV is now 4.14%.

Standard two-year fixed rate products have seen the biggest reduction.

Other higher-LTV mortgage rates have decreased by up to 0.10%.

Two and five-year fixed rates have reduced by up to 0.20%.

Average rates have edged up again this week, after seeing reductions earlier this month.