The lender has cut rates by 15 basis points across all products.

The lender has introduced more sub-4% fixed rates.

It follows L&G Home Finance’s API link with the later life lending platform Air Sourcing.

The Society has also increased the discount on its variable rates.

The buy-to-let lender has launched sub-4% two-year fixed rates.

Three-year fixes now start at 4.37%.

Rates have reduced by between 40-50bps.

The changes will align the sales teams of Precise Mortgages, Kent Reliance for Intermediaries and InterBay.

Patrick Bamford, head of international business development at Qualis Credit Risk, takes a look at the current lending environment for first-time buyers and whether price changes could...

Residential and buy-to-let fixed rates will benefit from the latest reductions.