Halifax and Lloyds Bank have announced rate reductions across their first-time buyer, purchase, remortgage and home mover ranges.
Rate cuts apply across two, three and five-year terms and selected two and three-year remortgage rates.
Rates have reduced by up to 0.12% on purchase products and 0.14% on remortgage products.
In the lenders' purchase ranges, two-year fixed rates at 90% LTV are down by 10bps, starting from 5.02% with a £999 fee and 5.26% fee-free.
Three-year fixes are down by up to 0.12%, with 85% LTV products available at 4.84% with a £999 fee and 5.02% fee-free. 90% LTV rates have reduced to 5.19% and 5.36% respectively.
Five-year fixed rates now start from 4.55% at 60% LTV with a £999 fee and 4.67% fee-free, with 90% LTV rates down to 4.93% and 5.04%.
For remortgage, two-year fixed rates with a £1,999 fee now start from 4.61% up to 60% LTV and 4.66% up to 75% LTV. Three-year fixed rates start from 4.77% at 60% LTV with a £999 fee and 5.09% fee-free.
