Related topic: Mortgage rates

The changes cover the Society's residential, shared ownership and buy-to-let ranges.

The lender has trimmed pricing for the third time in three weeks.

The Society has expanded its Credit Plus offering and reduced residential, buy-to-let and later life rates.

Higher mortgage rates and political uncertainty have shrunk the pool of committed home buyers, pushing sales agreed to 7% below last year.

The lender has reduced rates by up to 0.32%, with core residential pricing now starting from 5.04%.

Net mortgage borrowing decreased to £2.9 billion in May, from £4.4 billion in April.

The specialist buy-to-let lender has reduced rates for existing customers.

The buy-to-let lender has also introduced new two-year fixed rate products within its HMO/MUFB range.

The latest rate cuts, for new customers, will be across The Mortgage Works’ buy-to-let and limited company ranges.

The changes include a range of products for first-time buyers.