MPowered cuts fixed mortgage rates
Rate cuts impact the lender's full range including two, three and five year fixed rates.
MPowered Mortgages has reduced rates across its full suite of fixed mortgages.
Available from tomorrow, two year fixed rates start at 4.05% at 60% LTV with £999 fee and at 4.29% with no fee.
Three-year fixed rates start at 4.04% with a £999 fee and 4.15% fee-free, while five-year fixes start at 4.14% at 60% LTV with a ee and 4.28% with no fee.
Stuart Cheetham (pictured), CEO of MPowered Mortgages, said: "Since Trump announced the 'Liberation Day' tariffs we have seen a sharp fall in the swap rates which has enabled us to reduce our fixed rate mortgage rates.
"Whilst these tariffs could have a detrimental impact on the UK economy with increased prices putting extra strain on UK households, there is a silver lining for mortgage borrowers who will see rates come down over the coming week."
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