Buckinghamshire Building Society has reduced rates by 20 and 30 bps across its prime product range and impaired credit proposition respectively. The lender’s prime 90 five-year fix starts at 4.79% at 90% LTV. The prime 75 five-year desktop option shares the same rate and supports remortgages with a 75% LTV. For two-year fixes, the prime 90 and 75 desktop options both start from 5.39% respectively. All products have maximum loan amounts of £750,000. In the impaired credit range, the three-year discount product is available from 6.29%, with a maximum loan of £500,000 and an LTV of 70%, while the three-year fix is available from 6.19%, both with a £999 product fee.

Castle Trust Bank has cut rates across its range, including heavy refurbishment with drawdowns, light refurbishment and its buy-to-let product, TermTen. The rate on the lender’s heavy refurbishment with drawdowns product has been cut from 0.99% to 0.90% and the sale exit rate on light refurbishment has been reduced from 1.04% to 0.90%. Meanwhile, the maximum term of light refurbishment has also increased from one year to 18 months. On TermTen, the lender’s BTL product has been cut from 6.39% to 5.89%. This product comes with a choice of a 3% arrangement fee with a 1% exit fee, or a 4% arrangement fee with no exit fee.

LiveMore has reduced rates on its lifetime mortgages, a type of equity release. The lender’s lifetime mortgage lite product has been cut by 0.29% from 5.78% to 5.49%, while the standard lifetime mortgage has been reduced by 0.25% from 5.93% to 5.68%. LiveMore’s mortgage matcher filters through over 200 later life lending products to find products options that best suit each client. LiveMore figures show that intermediaries using the mortgage matcher have secured a 41% uplift in the loan amounts they can offer to clients.

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