Darlington Intermediaries has cut rates on three of its mortgage products, including its local area discount offering.

The 80 per cent LTV two-year fix is now at 2.69 per cent and the 80 per cent LTV five-year fix at 2.99 per cent.

The aforementioned local area only discount product is set for three years and provides an initial rate of 3.59 per cent.

It is available at up to 90 per cent LTV and is open to borrowers across the North East and Yorkshire who are either first-time buyers or ready to move to a new property.

Darlington has also extended its 70 per cent LTV five-year fix for buy-to-let, the rate for which remains at 3.09 per cent.

The lender adds that its residential range is now available on capital repayment, interest-only or, excluding 90 per cent LTV products, on a part and part basis.