Related topic: Mortgage rates

Reductions apply to both new business and existing customer product ranges.

The lender has reduced rates across dozens of products.

Nationwide’s lowest rate is now 3.50% for new and existing customers looking to move home.

TML boosts affordability, removing application fees and cutting shared ownership rates by up to 50bps.

The lender has introduced new two-year fixes and reduced rates on five-year products.

Residential rates have reduced by up to 0.35% across the Pepper48 range, including limited edition products.

The bank has introduced more sub-4% fixed rates.

The Society’s SVR is also reducing by 25bps.

New business and product transfer fixed rates are seeing increases.

Product choice is at the highest since October 2007 and deals at 90% and 95% LTV brackets also sit at near 18-year highs.