The latest repricing sees Dudley Building Society deliver the largest reductions, while Zephyr Homeloans has cut all fixed rates by 15bps and Atom bank has reduced rates across its Prime mortgage range by 15bps

Dudley Building Society has announced significant reductions across its residential, buy-to-let and expat mortgage ranges, cutting rates by as much as 110bps.

The changes, effective from 19 June, apply to both purchase and remortgage cases.

They include two-year and five-year fixed-rate products, discounted rate mortgages, residential interest-only options and selected buy-to-let and expat products.

Among the most notable reductions is the society’s residential five-year fixed-rate mortgage at 75% loan-to-value (LTV), which has been reduced from 6.20% to 5.1%.

Its residential expat two-year fixed-rate product at 75% LTV has fallen from 6.3% to 5.38%, while the residential interest-only five-year fixed at 75% LTV has been cut from 6.3% to 5.4%.

In the buy-to-let sector, the society’s five-year fixed-rate mortgage at 80% LTV has been reduced from 6.4% to 5.63%, while its expat buy-to-let five-year fixed-rate product at 70% LTV has been lowered from 6.3% to 5.68%.

The lender has also reduced rates on several residential remortgage products, including a five-year fixed-rate mortgage at 60% LTV, which is now available at 4.9%, down from 6%.

Alongside the rate reductions, Dudley Building Society recently increased the maximum loan size available on selected residential products to £1.5million, offering greater flexibility for borrowers with larger funding requirements.

Zephyr Homeloans has reduced all of its fixed-rate products by 15bps.

Following the changes, the lender’s two-year fixed rates now start from 2.99%, while five-year fixed rates begin at 4.69%.

The headline rates are available with a 7% product fee, although brokers can choose from a range of fee options starting from 0% to suit individual client requirements.

The revised rates are available across Zephyr Homeloans’ buy-to-let mortgage range and are now live on the lender’s website and sourcing systems.

Meanwhile, Atom Bank has reduced rates across its Prime mortgage range by 15bps, with the cuts applying to all products up to 95% LTV, including both fee-charging and fee-free options.

The reductions take immediate effect and mean rates now start at 5.29% for a two-year fixed-rate mortgage at up to 85% LTV with a £900 fee.