Tipton & Coseley building society is cutting rates for new customers across a selection of its two- year fixed rate mortgage range.

Effective from 5 December 2023, the Tipton will be reducing rates on some its two- year fixed rate products.

The new rates for new customers include:

•   Two year fixed rate at 75% LTV with a £999 arrangement fee is 5.44%

•   Two year fixed rate at 90% LTV with a £999 arrangement fee is 5.64%

Tipton director of sales and marketing Jason Newsway comments: “We’re pleased to be able to reduce rates across our two year residential fixed rates products.  In such a dynamic market, we are continually striving to ensure that we remain as competitive as possible to support brokers and their clients”.