The lender has introduced new product options and reduced rates.

Rates start from 3.45% with no application fee for SSC properties.

Virgin has trimmed residential and buy-to-let rates by up to 0.11%.

Rates have reduced by up to 0.16%.

Market Harborough Building Society has announced it will reduce a range of its mortgage rates starting 1 July.

Brokers were cautioned against recommending two-year fixes in the expectation that rates will be lower in two years' time.

New Build Boost launched in March as a private sector alternative to Help to Buy.

The lowest rates now start at 5.14% for a two-year fixed term.

Professional mortgage rates have seen the largest reductions.

The bank has reduced two and five-year fixed rates at 85-95% LTV.