"The rate cuts are substantial, particularly in the five-year space"
- Stuart Cheetham, CEO of MPowered Mortgages
MPowered Mortgages has reduced rates across its range of fixed rate mortgages.
Rates have reduced across two, three and five-year rates from 60% to 80% LTV.
Five-year fixed rates now start from 4.14% at 60% LTV with a £999 fee for new purchase customers.
The latest rate cuts follow recent reductions to MPowered's 80% LTV rates by up to 0.49%.
Stuart Cheetham, CEO of MPowered Mortgages, said: “The rate cuts are substantial, particularly in the five-year space, and are designed to offer very competitive rates across all LTVs, not just rate grabbing headlines!”
