The range is aimed at first-time buyers, mixed income earners and credit-impaired homeowners.

Kensington is offering cashback on all residential and buy-to-let products until the end of January.

Remortgage customers will benefit from the latest reductions.

The lender is now offering all five-year rates at sub-5%.

The Society is also launching a new green buy-to-let product.

In part driven by fewer first-time buyers in the market, December 2023 saw the highest ever average for combined incomes.

65% of advisers say their clients have not heard of green mortgages and don’t understand them.

Rates have reduced by up to 0.23%.

Rates in the range now start from 3.79%.

45% of those who have a mortgage say it’s taking longer to pay off than hoped.