The reduction marks the fifth time MPowered has reduced rates since the start of August.
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Fleet has cut existing rates by up to 0.40%.
Paul Glynn, CEO of Air, explores how advisers can put themselves in the best position to service later life clients.
Rates have reduced across the Society's residential, shared ownership and buy-to-let ranges.
The debate covers the UK mortgage and housing market five months into a Labour Government.
The Society has reduced rates at 90% LTV.
Nearly three out of five over-55s homeowners with mortgages are making major sacrifices to pay off loans by retirement including not saving into their pension.
Rates have reduced by 25bps following the Bank of England's base rate cut.
The latest HMRC data shows a 36% increase in people liable for CGT since 2019/20.
The ‘Digital Mortgages’ brand will be removed and the digital lender will be known as Atom Bank among brokers.
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