The provider’s prime five-year fixed rate deals with no arrangement fee have fallen by up to 0.65 per cent and start from 4.59 per cent.
Five-year fixed rate products with a £999 arrangement fee have decreased by up to 0.5 per cent and begin from 4.49 per cent.
The lender has also introduced a five-year fixed rate up to 80 per cent loan to value (LTV), for loans up to £1.5m and pricing starts from 4.64 per cent.
All applications come with free valuation, and remortgage applications come with £500 cashback on completion.
Emma Hollingworth (pictured), managing director of mortgages at MPowered Mortgages, said: “Despite the ongoing cost-of-living crisis, we are delighted to be able to offer homebuyers lower rates across our five-year fixed products.
“Being able to offer borrowers a level of financial respite will go a long way to easing some anxiety during this festive period.”
She added: “For buyers and remortgagors who want advice navigating the ever-changing product landscape, we recommend working with a mortgage broker in order to gain a comprehensive understanding of the mortgage product best suited to their individual circumstances.”
MPowered Mortgages appointed Paul Kane as its head of intermediary distribution, where he will oversee the lender’s distribution relationships and key accounts, which covers networks and DA clubs.
It has also made several changes to its fixed rate proposition in recent weeks, including cutting two and three-year fixed rate pricing.
