Atom Bank has reduced rates across its residential mortgage range by up to 0.10%.

The new products give brokers more choice when placing cases for homeowners, landlords and overseas borrowers.

Since 2000, wages have risen 237% while house prices have increased 345%.

Average mortgage rates have fallen for the fifth consecutive month.

Despite Bank Rate being reduced earlier this month, swap rates have continued to rise.

The Society has also introduced new first-time buyer products at 90% and 95% LTV.

The lender has also reduced the minimum income requirement to £40,000 for customers seeking to borrow at 4.5x LTI and above.

Selected first-time buyer rates are increasing by 0.11%, while others are reducing by up to 0.06%.

The change applies to UK resident standard buy-to-let products.

Keystone has also introduced a new 75% LTV product within the range.