The lender confirmed that as of today reductions on two 2 year fixed rate residential mortgages at 80% and 85% LTV (loan to value) by up to 0.10% will come in to effect.
These reduced products all offer no product fees and free standard valuations.
Shaun Middleton, Head of Regulatory Sales, says: “We want to provide our intermediaries with opportunities to engage with their clients to talk about their mortgage requirements. This is why we’ve reduced the rates across these higher loan-to-value fixed rate products.”