Together has reduced headline rates by up to 25 basis points across its product range for broker partners and direct customers, effective immediately.
The property lender cut rates following the Bank of England's decision to lower the base rate by 25 basis points at its December Monetary Policy Committee meeting. The reductions aim to make borrowing more affordable and help brokers increase lending volumes.
Regulated first and second charge variable rate mortgages have been reduced by 0.25%, alongside regulated consumer buy-to-let variable products and unregulated buy-to-let variable rates.
Bridging products have also seen pricing adjustments. Regulated bridging now starts at 0.68%, with unregulated residential bridging at 0.75% and unregulated commercial bridging at 0.92%. Some semi-commercial bridging and term products received similar reductions.
"In response to the Bank of England's decision, we've moved quickly to ensure our broker partners benefit from these rate reductions," said Tanya Elmaz, managing director of intermediary sales at Together. "At Together, our focus is always on helping brokers stay competitive and supporting customers with more affordable finance solutions."
"This latest move is a clear reflection of that commitment. Beyond lower rates, we continue to deliver the qualities brokers and customers value most: speed, flexibility, and certainty of funding."
"These strengths have earned us a reputation as a trusted partner in the specialist lending market. With these new rates, alongside our drive to find the right solutions for customers, Together is an even stronger choice for brokers who want to offer their clients real value and reliability."
