Rate cuts cover the lender's core, large loan, interest-only and shared ownership products.

Vida has also reduced rates across its buy-to-let products by 0.33%.

Net borrowing also recovered to the highest level since November 2022.

The lender has launched new five-year fixed rate products at 60% LTV.

The lender has reduced rates by up to 0.42%.

The average monthly mortgage payment for a typical first-time buyer is now £949, compared with £1,096 at the mortgage rate peak in July 2023.

Steve Cox, chief commercial officer at Fleet Mortgages, says that now rates appear to be heading downwards, there seems to be a growing, but cautious, optimism about what can be...

The lender is also reintroducing its limited edition residential range.

The event will bring together a range of dedicated buy-to-let lenders, landlord services and tax advisers.

The lender has extended its criteria to include consumer buy-to-let as standard.