Principality Intermediaries has reduced selected fixed-rate deals by up to 13 basis points, while LiveMore has cut over 200 later life mortgages by as much as 30bps.

Highlights of the changes by the Welsh mutual’s broker-only arm include:

Residential mortgages

• Selected two- and five-year fixes at 80% loan to value down by up to 12bps

Help to buy Wales

• Two- and five-year fixes at 75% LTV down by up to 13bps

Holiday Let mortgages

• Two- and five-year fixes at 60% LTV down by up to 10bps

Buy-to-let mortgages

• Five-year fixes at 75% LTV down by up to 10bps

Meanwhile, LiveMore has cut all fixes by 30bps across its equity release products and 15bps for all standard and retirement interest-only rates.

Its Lifetime Mortgage Lite loan now starts at 5.99%, down from 6.29%.

Its Property+ range, which caters for a wider range of properties than other lenders might consider, is down from 7.39% to 7.09%.

Among its retirement interest-only loans, two-year and five-year fixes are down to 6.94% and 5.83%, respectively.

Its 5+5-and 10-year fixes are down to 5.92% and 5.87%, respectively.

LiveMore head of proposition strategy and development Samantha Ward says: “We appreciate that changing prices can be a challenge for brokers, so we have immediately incorporated the lower rates on the LiveMore Mortgage Matcher.

“It is a market-leading tool that helps brokers easily find suitable product options for their clients according to their specific financial situation and individual needs.”