I really think that you should change the subject because it's not a cut - these are two separate products and they merely have an imbalance of supply/demand on the fixed rate product. If - when they have more borrowers demanding a fixed rate mortgage - they later have more fixed rate availability at a lower rate then that WOULD be a cut.
jackpease, pom is correct that your thread title is inaccurate and potentially misleading. Can I suggest you change it to "Landbay latest to withdraw higher rate product" (or similar). Or else I can put my magical Mod hat on and do it.
Just to confirm pom is right, the Fixed Rate Product is temporarily unavailable due to high demand. We will let you know when it's back, and in the meantime please feel free to drop us a line with any questions!