Tipton & Coseley Building Society has reduced rates on selected products by up to 0.22% and lowered arrangement fees.

The changes are mainly focused on the society’s expat buy-to-let and limited company BTL ranges.

For expats, options include a five-year fixed rate of 5.68% at 80% loan-to-value (LTV) for new purchases, which now has a reduced arrangement fee of £900.

There is also a two-year fixed rate of 5.82% at 60% LTV, an extra addition to the Tipton’s range.

Limited company BTL features a five-year fixed rate of 5.67%, repriced from 5.89%. This is at 80% LTV with a £900 arrangement fee.

Remortgage products are available throughout the range.

These come with a free standard valuation on properties valued up to £400,000, or a contribution of £350 for higher value properties, plus £250 cashback towards legal costs.

As part of this latest review, the Tipton has also reintroduced high income multiple mortgages.

Products are available up to 80% LTV for residential purchase and remortgage, starting at 5.65% for a two-year discount. No arrangement fee is payable.

The Tipton & Coseley Building Society head of product and sales operations Becky Wheeler says: “We are continuously looking to improve our offering for borrowers and ensure our mortgages remain competitive in what is a very fast moving and unpredictable market.”

“These latest changes see us focus primarily on our buy to let and high income multiple ranges, so we can provide brokers and their clients with plenty of choice.”