MPowered Mortgages has reduced rates across its entire fixed-rate mortgage range.

Rates for purchase on two years now start at 4.52% for 60% LTV (4.90%) with a £999 arrangement fee.

For those looking to remortgage, rates start at 4.57% for 60% LTV (5.19%) with a £999 arrangement fee. For those who are not paying an arrangement fee, rates start from just 4.69% for purchases (previously 5.14%) and 4.84% for remortgages (previously 5.34%).

MPowered has also reduced rates across its three-year fixed range, with purchase rates now starting from 4.42% at 60% LTV with a £1,999 arrangement fee (previously 4.47%), and remortgage rates as low as 4.49% for 60% LTV with a £999 arrangement fee (previously 4.57%).

Products without an arrangement fee start at 4.67% for purchases (previously 4.77%).

Rates on its range of five-year fixed products have also been reduced. For purchasers paying an arrangement fee of £1,999, rates begin at 4.42% at 60% LTV.

On its remortgage five-year fixed products, rates begin at 4.44% with a £999 arrangement fee. Those who aren’t paying an arrangement fee can benefit from rates starting at 4.44% for purchases and 4.64% for remortgages.