Related topic: Mortgage rates

The Society has reduced a trio of discount variable mortgage rates.

Rates have reduced by up to 0.16% for new and existing borrowers.

The Society has re-introduced products and enhanced criteria across its buy-to-let, holiday let and expat ranges.

The latest reductions cover the bank's first-time buyer, home mover and remortgage rates.

The changes apply across selected two-year and five-year fixed rate products for purchase and remortgage.

The Society has reduced residential rates at 90%, 95% and 100% LTV.

Sales market activity indicators remain firmly negative, the latest RICS data shows.

The lender has also reduced MUFB and holiday let rates.

The reductions are aimed at supporting first-time buyers and home movers.

The three new products are fixed until the end of September 2031.