From 5:30pm today, single unit, multi-unit, specialist and pro mixed-use ranges will be reduced by 0.20%.
Quantum Mortgages has launched a cashback product for remortgages and cut rates across its range.
The changes will go live at 5:30pm today (4th June 2026).
Single unit, multi-unit, specialist and pro mixed-use ranges will be reduced by 0.20%.
A cashback product will also be launched for single unit, multi-unit and specialist ranges at up to 75% loan-to-value (LTV).
Borrowers will receive a cashback payment of 1% of the net loan within two weeks of completion.
The minimum cashback is £1,000 and the maximum is £20,000, rising to £50,000 for a £5m portfolio.
Harsha Dahyea (pictured), chief commercial officer at Quantum Mortgages, said: “With record numbers of borrowers coming to the end of their five-year fixed rates in 2026, many will be hit with a double whammy of increased mortgage costs plus considerable fees should they decide refinancing is the best option for them.
“Despite market volatility, we are in a strong position to bring a cashback product to market while also reducing some of our fixed rates.
“We have listened carefully to what our broker community needs from lenders right now, and we hope this new cashback proposition, alongside reduced rates, will reduce some of the cost of arranging a remortgage.”