NWIS has made reductions of up to 0.15% across product portfolios for both new and existing customers.

Mark Bullard, head of sales at NWIS, said: “These changes once again underline our commitment to the intermediary market.

“I’m pleased that we have been able to make rate reductions across our product range on a variety of LTV bandings.”

In addition to these changes, the end dates are moving for both 2 and 5-year terms to 30 June 2022 and 30 June 2025 respectively.