The lender’s two-year fixes at 85 per cent LTV have been reduced by up to 0.05 per cent and now start from 4.99 per cent. Its prime two-year fixed deals at 80 per cent LTV have lowered in rate by up to 0.1 per cent, and now begin from 4.94 per cent. 

Meanwhile, the lender’s three-year fixed product with a £999 arrangement fee has been cut by 0.07 per cent and is now priced at 4.77 per cent. This product is available at 75 per cent LTV. 

All mortgages offer a free valuation while remortgage applications benefit from a £500 cashback incentive. 

Emma Hollingworth (pictured), managing director of mortgages at MPowered Mortgages, said: “As economic uncertainty persists into the new year, we continue to see it as a priority to provide as much financial relief as possible for those looking to buy a home or remortgage in the current climate.  

“For both buyers and remortgagers, it is important to gain a comprehensive understanding of the mortgage products available to them in order to determine the one that best suits their individual circumstances. In this landscape, we’d always recommend working with a mortgage broker to ensure most appropriate solution is opted for.” 

Sponsored

Market Moves: Understanding UK Housing Trends

Introducing the first in our video series “Market Moves: Understanding UK Housing Trends” The

Sponsored by Halifax Intermediaries