Together cuts variable and bridging rates by up to 0.25%

Together has announced headline rate reductions of up to 0.25% across a range of products.

Among the products seeing reductions are regulated first and second charge variable rate mortgages, regulated consumer buy-to-let variable, and unregulated buy-to-let variable, all of which have been lowered by 0.25%. 

Bridging products, both regulated and unregulated, have also seen reductions, with regulated bridging rates now starting at 0.68%, unregulated residential bridging at 0.75%, and unregulated commercial bridging at 0.92%.

Some semi-commercial bridging and term products have similarly been reduced.

These changes follow the Bank of England’s decision to reduce the base rate by 25 basis points at its latest Monetary Policy Committee meeting last month. 

Tanya Elmaz, managing director of intermediary sales at Together, said: “In response to the Bank of England’s decision, we’ve moved quickly to ensure our broker partners benefit from these rate reductions.

“At Together, our focus is always on helping brokers stay competitive and supporting customers with more affordable finance solutions. This latest move is a clear reflection of that commitment.

“Beyond lower rates, we continue to deliver the qualities brokers and customers value most: speed, flexibility, and certainty of funding. These strengths have earned us a reputation as a trusted partner in the specialist lending market.

“With these new rates, alongside our drive to find the right solutions for customers, Together is an even stronger choice for brokers who want to offer their clients real value and reliability.”