The specialist lender, part of the OSB Group, says the move supports borrowers “who are looking for the reassurance of a fixed monthly payment but don’t want a longer-term fixed rate”.  

Its new lifetime tracker products include a fee option, which has no early repayment charge, or a fee-free option, which includes an early repayment charge for two years.   

Both one-year fixes and lifetime trackers are available at up to 85% LTV across different levels of adverse credit.  

OSB group intermediary director Adrian Moloney says: “This launch reacts to current market conditions providing our brokers with residential customers more options for their mortgages.   

“Whether customers are looking for the comfort of a short-term fixed payment or for those wanting more freedom than what a fixed rate offers, these new products are designed to support the customers’ changing needs in an ever-changing market.”