Together has cut rates on its residential mortgage products, bringing them down to 6.69%.
The new rate represents a cut across its full range of niche products, including 2.9% on shared ownership mortgages, with new simplified plans, and a reduction of 1.15% on right-to-buy plans.
At the same time, maximum loan amounts have been increased across all mortgages from £150,000 to £200,000.
Gary Bailey, sales director, said: “As a leading specialist finance provider with a strong appetite to lend, we’re constantly responding to market demand and adapting our products and services to ensure the best value proposition for customers.
“We aim to deliver flexible finance solutions, through our broad network of packagers and intermediaries, to markets that are underserved by mainstream lenders, and the growth in the specialist sector is testament to the continued strong demand for a common sense approach to lending.”
All new cases from 13 January will be issued under the new criteria.