On the residential side, the lender has cut both switcher and high value switcher products with rate cuts ranging from 0.02 per cent to 0.2 per cent across its two and five-year fixed rates.
The largest decrease was applied to its two-year fixed rate switcher product at 90 per cent loan to value (LTV), which fell from 2.8 per cent to 2.6 per cent.
Other significant decreases have been applied to its two-year fixed rate switcher product at 80 per cent LTV, which has fallen from 1.64 per cent to 1.48 per cent and subject to a £995 fee.
Its similar product at 85 per cent LTV has gone from 2.49 per cent to 2.34 per cent.
High value two-year fixed rate switcher products have been cut by up to 0.09 per cent, including its two-year fixed rate at 90 per cent LTV which was cut from 1.48 per cent to 1.39 per cent.
In its switcher BTL range the lender has cut select two and five-year fixed rate products by up to 0.13 per cent.
Its two-year fixed rate at 60 per cent LTV has reduced from 1.58 per cent to 1.45 per cent, whilst its two-year fixed rates at 70 and 75 per cent LTV have fallen by 0.1 per cent to 1.74 per cent respectively.
All the BTL products that have been reduced and are offered with a £995 product fee.
The lender has also confirmed that the end dates for its two-year term have moved from 30 November 2023 to 29 February 2024. Its five-year term end dates have from 30 November 2026 to 28 February 2027.