Step One Finance, a consumer finance provider and second charge lending specialist, has announced rate cuts across its entire secured lending products portfolio.
As of this week, residential loans will start from 7.55% and buy-to-let loans from 8.75%, with larger reductions on higher LTV.
Their products are mainly available through advice provided by independent mortgage intermediaries.
The company has also confirmed that all customers who have recently been quoted but not yet completed their loan can benefit from this price reduction.
Martin Porter, head of lending, said: “This latest price reduction reflects our commitment to deliver products designed on the principles of responsibility, transparency, fairness, and simplicity.”
