UE5 Lagging on a Lenovo P1 Gen7 64GB RAM, 4070 GPU

So really strange but as the title suggests I am running a pretty powerful Laptop. Full specs as follows:

INTEL i9 185H
64GB DDR5 RAM
NVDIA 4070 Laptop GPU

Yet when I navigate around the menu it seems to be quite delayed as in the selection the mouse is highlighted over appears a second later and navigating around the viewport is quite delayed as well.

I have updated to the latest NVIDIA studio drivers and laptop drivers and ensured through the graphics settings on windows that UE5 uses the graphics card on launch. Thermals seem fine and when I tab out to the browser or any other application it seems very responsive and barely any system resources are being used so I am pretty confused what the issue could be.