New Prime residential rates are available from 9.90% at 90% LTV.
All Near Prime product rates have been reduced, some by as much as 4.9%, with variable rates available from 5.75% and new five-year fixed rates available from 6.10%.
Darrell Walker, Head of Sales Second Charge & Commercial Lending at OneSavings Bank, commented: “These market leading rate reductions have been introduced following feedback from our brokers. The changes we’ve made are a testament to our broker centric philosophy that enables us to react to market needs and evolve our specialist second charge mortgage range.”