The last time this was the case was in September 2022 before the mini-Budget.

The lender's lowest rate now stands at 3.74%.

The Society's 100% LTV Track Record is at its lowest rate since launch.

Residential and buy-to-let rates have reduced by up to 0.54%, alongside improved affordability.

The lender has launched a 4.06% three-year fix as part of the latest round of rate reductions.

The Society is now offering a 4.29% two-year fix at 90% LTV.

Earlier this week the Society reduced its stress tests, giving borrowers the chance to borrow up to £35,000 more.

The lender has introduced 'best buy' two-year fixed rate purchase products.

Rates have reduced by up to 0.50%.

Rates have reduced by up to 0.28%.