MPowered Mortgages cuts residential fixed rates on 2- and 3-year products

MPowered Mortgages has today lowered its rates across its 2- and 3-year fixed ranges.

On its residential 2-year fixed products with a £999 arrangement fee, the lender has made a 0.16% reduction to all products at 75% loan-to-value (LTV); and an 0.11% reduction for all products at 85% LTV.

Its 2-year fixed products with a £0 arrangement fee have seen reductions by 0.21% at 75% LTV, and 0.20% at 85% LTV.

The lender has also expanded its LTV range on its 2-year fixed rate range to include 60%  and 80% LTV products, in addition to its existing 75% and 85% offering.

Its 3-year fixed rate products with a £999 arrangement fee have also seen a 0.15% reduction at both 75% and 85% LTV.

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