Principality Intermediaries has cut rates on by as much as 0.60%.
Rates on the lender’s selected residential two-year fixed 95% loan-to-value (LTV) products have been lowered by up to 0.60% while rates on five-year fixed 95% LTV products have gone down by 0.15%.
The two-year fixed rate 65% LTV, with a product fee of £1,499 has been reduced by 0.11% while the two-year fixed rate 75% LTV, with a product fee of £1,499 has been lowered by 0.12%.
Principality Intermediaries has also lowered the rates on its joint borrower sole proprietor mortgages with its two- and five-year fixed 75% LTV products being cut by 0.06%.
Rates on residential mortgages with cashback have also decreased. The two-year fixed 65% and 75% products have both been cut by 0.10% while the two-year 80% LTV product has gone down by 0.04%.
Meanwhile, Virgin Money has lowered rates on purchase and product transfer products.
Selected 65% and 75% LTV one-, two- and three-year fixes will be reduced by up to 0.11% to start from 4.15%.
In the same range, the lender’s 65% and 75% five-year fixes will be cut by 0.10% to start from 4.12%.
Virgin’s 90% LTV two-year fixed purchase product will go down by up to 0.10% to start from 4.96%.
The purchase range has also had rate cuts made to 90% and 95% LTV fix and switch by 0.10% to start from 5.22% while the 90% LTV own new two-year fixes will be cut by 0.03% to start from 2.30%.
