Related topic: Mortgage rates

Rob Stanton, sales and distribution director at Landbay, says when pricing is relatively close between various lender/product options, there are other factors coming into play when...

Rates in the Bank's professional range have seen the largest increases.

The Society has reduced standard, expat, holiday let and light refurb rates at 80% LTV.

Rates have reduced by up to 0.30% across a range of products.

Higher LTI ratios and greater product choice offset rising rates for first-time buyers.

Kensington has also raised maximum loan sizes across its eKo range.

The Society has cut 80% and 90% LTV rates and introduced new fee options to support borrowers with higher loan sizes.

A number of the products are specifically aimed at supporting first-time buyers and come with £500 cashback.

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%.