Related topic: Mortgage rates

The bank has reduced rates across first-time buyer and home mover products.

The specialist lender has introduced new fee saver and cashback options.

The lender's 5% deposit New Build Boost product has reduced to an effective rate of 5.20%.

Rates have reduced by up to 0.25%.

The conflict in Iran is the biggest shock to the UK mortgage market since the 2022 mini-Budget, Moneyfacts says.

Small discrepancies or missing information could lead to a higher risk of cases being declined.

The buy-to-let lender now offers fixed rates across standard, specialist, expat, holiday let, product transfer and refurb-to-let exit.

The FPC warned that sustained increases in mortgage rates and energy prices would put increased pressure on household finances. 

The pair of products are designed to support brokers placing remortgage business at lower LTV levels.

Mortgage rates had already begun to increase in February, before the full effects of the conflict in West Asia pushed up swap rates.