Your round-up of mortgage rate changes and product updates over the past week
If you’re trying to keep up with the constant stream of lender changes, you’re in the right place. This is your broker-friendly snapshot of what’s moved over the past week—what’s gone up, what’s come down, and which moves were limited to certain products, terms, or LTVs.
Mortgage Introducer keeps a close eye on reprices, new product launches and withdrawals, plus any lending criteria changes that are genuinely worth having on your radar—so you can scan the headlines fast and get back to advising clients.
Updates are listed alphabetically to make it easy to jump straight to the lenders you care about.
Here’s your weekly round-up of UK mortgage rate and product changes from the past seven days:
Afin Bank removed its £1,495 product fee for successful May applications on 95% LTV five-year fixed purchase mortgages, covering its Prime range at 6.49% and Professional range at 6.34% for loans up to £500,000.
BM Solutions cut product transfer and further advance rates by up to 25 basis points (bps) on two- and five-year fixed-rate products, and had extended completion dates for product transfer, further advance, limited company buy-to-let, personal ownership buy-to-let and let-to-buy deals.
Cambridge Building Society announced the relaunch of selected residential and buy-to-let mortgage products, including five-year fixed rate buy-to-let options for limited company, expat and holiday let borrowers up to 80% LTV, a second standard residential discounted product and a two-year fixed shared ownership option.
Halifax implemented rate reductions of up to 25bps on remortgage two-, three- and five-year fixed rates, alongside cuts of up to 24bps on product transfer and further advance two- and five-year fixes and up to 5bps on homemover and first-time buyer fixed rates, while extending completion dates across those ranges.
Hinckley & Rugby for Intermediaries launched new buy-to-let two-year discounted products at up to 80% loan-to-value, with rates starting at 4.99%, and cut its limited-company buy-to-let two-year discounted product at 70% LTV by 40bps to 5% from 5.40%, with a £1,249 fee.
HSBC UK reduced mortgage rates by up to 30bps across its range, cutting two-year tracker mortgages at 60% and 85% LTV with a £999 fee to 4.09% and 4.44%, respectively, and lowering five-year fixed 60% LTV purchase products with a £999 fee to 4.49%, or 4.46% for Premier customers.
InterBay cut rates on selected limited-edition commercial investment and semi-commercial products, reducing its two-year fixed-term mortgage by 50bps and its five-year fixed rate by 20bps.
Leek Building Society raised prices on several fixed-rate products, with holiday let rates increasing by up to 17bps, limited company buy-to-let deals by up to 15bps, other specialist buy-to-let products by up to 10bps, shared ownership by up to 10bps and other residential deals by up to 5bps.
Mansfield Building Society increased the maximum loan-to-value on its Credit Repair Range to 75% from 70%, a five percentage-point rise, for borrowers with adverse credit characteristics including recent defaults, active IVAs and debt management plans, active CCJs, discharged bankruptcies and missed payments.
Principality Building Society increased rates, with the largest rises affecting some buy-to-let and holiday let deals, including five-year buy-to-let fixes at 60% LTV up by up to 15bps and at 70% and 75% LTV up by up to 10bps.
Rely pulled all its rates on Wednesday afternoon, saying it would relaunch them at lower prices.
Santander said it would lower rates on select residential and buy-to-let mortgage products from Monday, 11 May, cutting selected fixed, tracker and product transfer rates by up to 50bps, while raising one two-year fixed first-time buyer deal at 85% LTV with a £999 fee by 5bps and adding first-time buyer rates at 60% and 75% LTV.
Somo relaunched its Black Friday promotion across the UK for May 5-29, 2026, giving brokers and clients up to £4,000 refunded on either valuation fees or lender legal fees, paid on completion.
Specialist property lender Together cut rates by 5bps across parts of its unregulated bridging range, with first-charge rates starting at 0.90% for residential, 1.04% for semi-commercial and 1.08% for commercial properties, and second-charge rates at 1.08%, 1.06% and 1.10%, respectively.
Vida Homeloans expanded its lending proposition by reintroducing 20 residential products and relaunching its buy-to-let range. The updated residential range includes Fee Saver and Foreign National products, with cashback available on eligible Fee Saver options to help reduce upfront costs.
Are you a mortgage lender whose product and rate changes weren’t included in this round-up? Email the author to have your latest product updates included.
