Mortgage providers are slashing some fixed rate offers for landlords by up to 20 basis points, while Hanley Economic Building Society has launched a two-year deal for movers and remortgage buyers.
Mortgage lenders will be offering up to 20bps reductions on two-year fixed rates, starting from 4.49% instead of 4.69% for standard properties, and 4.69% instead of 4.89% for multi-occupation homes and multi-unit blocks. 
Select five-year fixed rates will be reduced by 5bps, starting at 4.66% for standard properties and 4.91% for multi-occupation homes and multi-unit blocks.
Additionally, the five-year fee savings amendment has been reduced by 10bps from 5.96% to 5.86% for standard properties and from 6.19% to 6.09% for multi-family properties and properties in multi-unit blocks.
Steve Griffiths, chief commercial officer at the mortgage lender, said: “We are dedicated to supporting customers whose needs may not be met by mainstream lenders, and we will continue to review and adjust our services based on the realities of the evolving situation.”
Meanwhile, Hanley Economic Building Society is introducing a commission-free two-year fixed rate home mover and remortgage offer.
This product has a headline rate of 4.99%, with up to 80% financing available, a free valuation and £250 cashback.
The minimum loan amount for this offer is £30,000 and the maximum loan amount is £1.25 million at 50% LTV, £1 million at 60% LTV and £500,000 at 80% LTV.
You can use it to buy property or refinance your mortgage across England, Wales and Scotland (Scottish Islands by referral).
The mutual company said each deal is evaluated individually by its in-house underwriting team and no credit scoring is performed.
David Lowndes, Head of Product and Marketing at Hanley Economic Building Society, said: “This product offers a very competitive option for homeowners at a time of heightened activity levels, and we are seeing further positive movement across the broader housing market as we enter. 4th quarter. ”
