Related topic: Mortgage rates

The changes include notable reductions on the Society’s discounted buy-to-let products.

Rate reductions include near prime and large loans, with buy-to-let rates now starting from 2.99%.

Wider market uncertainty is starting to impact mortgage rate setting.

Purchase, green home, Great Escape and EMC Reward products will all see rate increases.

The Society has reduced residential and buy-to-let rates, including Income Flex.

The increases span purchase, remortgage and product transfers.

Cuts also apply to the Society's specialist range, including expat and its recently launched skilled worker visa criteria.

The lender has also launched new 80% LTV two and five-year fixed rates starting from 3.87%.

Purchase, remortgage, home mover and buy-to-let rates are all affected by the latest increases.

A December dip is mortgage approvals is likely to be short lived, industry experts say.