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MPowered Mortgages increased cashback on five-year products and reduced rates on two-year fixed products.
Across all five-year fixed products, cashback increased by £500.
This increases the total cashback to £1,000 per remortgage and £500 per purchase.
Loans from £200,000 to £1.5m are available with an interest rate of 4.13%.
Meanwhile, MPowered Mortgages has now simplified its core two-year flat-rate flat rate products to 85% loan-to-value (LTV) with £0 fee, £999 fees and £1999 options.
Rates now start at 4.64% for £1,999 commission product purchases, up from 5.13%, while for £999 cases, rates now start at 4.74% and 4.90% for purchase options with a £0 commission.
The lender also cut its two-year fixed-interest rates on remortgages.
For a two-year fixed product with no setup fee, rates now start at 5.04% for remortgage products with 85% LTV.
Remortgage products with a setup fee of £999 and £1999 respectively were reduced to 4.94% and 4.84% respectively.
Emma Hollingworth, Managing Director of MPowered Mortgages Mortgages, comments: “With the ongoing uncertainty in the mortgage market, it’s important that we continue to support consumers through the process of making one of the most important financial decisions of their lives.”
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