April Mortgages has reduced the interest rates on its range of 5-15 year fixed rate mortgages.

April has cut rates as part of a simplification of its range.

Rates across the range of five, 10 and 15-year fixed rate mortgages have been cut by up to 0.10 basis points. As a result, rates start at 4.80% for the five-year fix, at 4.85% for the 10-year fix and at 4.95% for the 15-year fixed rate product.

James Pagan (pictured), director of product and portfolio management at April Mortgages, said: “April Mortgages is determined to bring true peace of mind to the nation’s mortgage borrowers and brokers, and these rate reductions make the prospect of securing a longer-term fixed rate even more attractive.

“As with our recent move to increase the loan-to-income ratios on offer up to six times income, April Mortgages is committed to listening to brokers about what borrowers really need, and delivering tangible change. We know that these products can make a real difference to borrowers, and are committed to reaching as many as possible by working closely with brokers.”