Borrowers opting for a variable or a shorter-term fixed rate will be able to borrow more than before.

Five-year fixed rates now start from 4.39%.

The lender is now offering a sub-5% five-year fixed rate.

The Bank has introduced changes to minimum experience and maximum loan term criteria.

Bridging rates have reduced across both its fixed and variable products on both residential and commercial property types.

The five-year fixed rate is available for both purchase and remortgage.

Rates have reduced by up to 0.65% on the CHL 1 product range.

The lender has cut rates by between 20 to 40 basis points.

New limited edition products feature up to a 110bps reduction on the standard rates.

Rates now start from 4.14%.