Shawbrook Retail Mortgages has cut rates across The Mortgage Lender (TML) and Bluestone Mortgages brands.
TML’s residential 2-year and 5-year fixed rates for both purchase and remortgage have been reduced by up to 0.35%, with rates now starting from 5.49%.
Its 5-year fixed buy-to-let (BTL) products, for both individuals and limited companies, have also seen cuts, with rates for products with a 5% completion fee now starting from 4.41%.
Bluestone Mortgages has made a rate reduction of up to 0.25% on its residential purchase and remortgage products, with rates now starting from 5.99%.
Steve Griffiths, commercial director for retail mortgages at Shawbrook, said: “We are pleased to announce a host of rate reductions across our retail mortgage brands in order to better support brokers and their clients.
“As a lender, we are keen to regularly review and improve our offerings to ensure that we are well placed to support brokers who may have clients with diverse circumstances.
“Looking ahead, we are eager to continue to deliver a competitive selection of products to support landlords, the self-employed and customers with complex income or credit profiles.”
