The lender has announced widespread rate reductions across its standard, homebuying and retention ranges.

The lender has launched new products and increased its first-time landlord criteria.

Two-year fixed rates will benefit from the latest round of reductions.

Two-year fixed rate buy-to-let products have seen the largest reductions.

Benjamin Wells, head of product and development at Advise Wise, takes a look at the lifetime mortgage market, the current falling base rates, and a long term perspective for later life...

Nationwide has reduced mortgage rates by up to 0.25%.

Fleet has also reduced fees for standard and limited company borrowers.

The new rates come as part of widespread rate cuts of up to 0.20% across HSBC's residential and buy-to-let mortgage ranges.

Rates now start from 4.09%.

The bank says this is due to a recent increase in five-year market swap rates.