Furness for Intermediaries has made reductions across its 95% product range.
This includes the two-year fixed rate products, which now start from 3.08% with an option of £1,000 cashback at 3.38%.
The five-year fixed rates now start from 3.38% with an option of a £1,000 cashback at 3.58%.
Meanwhile, the two-year discount products remain in the Moneyfacts Best Buy tables and are priced at 2.69% with £500 cashback and 2.99% with £1,500 cashback.
Alasdair McDonald, head of intermediaries at Furness, comments: “We understand that first-time buyers need the best start they can get and this isn’t always down to the cheapest rate.”
“We believe that the reduction in our 95% loan-to-value fixed rates complements our other first-time buyer propositions, which include our joint applicant/sole proprietorship solution and lending on new build houses.”
He adds: “We are committed to providing solutions for our intermediary partners and our flexibility in decision-making means it makes it easier for us to say yes.”
The 95% loan-to-value range is also available for remortgages with free valuation and legal fees on standard cases in England and Wales and a contribution of £150 towards fees in Scotland.