MPowered Mortgages has cut its 3-year fixed rates, this time for remortgage customers.
The new 3-year remortgage rates now start at just 3.98% for those with a 40% deposit paying a £999 fee, and 4.27% with no fee.
With these rates, customers also benefit from additional perks in the form of £250 cashback or a contribution towards their legal fee costs.
Peter Stimson, head of product at MPowered Mortgages, said: “Most of the new products in the last couple of weeks have focused primarily on purchase customers, so we are very pleased to also offer remortgage customers rates that now start with a three and what we believe to be the lowest 3-year fixed rate range on the market right now.
“Swap rates have continued to fall over the last week which has allowed us to continue to pass this benefit to our customers in the form of lower rates.”
