Related topic: Mortgage rates

The effective interest rate paid on new mortgages jumped again to 4.45%.

The latest reductions cover the bank's first-time buyer, home mover and remortgage ranges.

The Bank has also increased maximum exposure for portfolio landlords to 10 buy-to-let loans and £3m per applicant.

Steve Cox, chief commercial officer at Fleet Mortgages, says that while price determines how much the finance costs, criteria can determine whether a landlord is able to secure that...

The limited editions are priced at 0.20% below the core range.

The residential mortgage lender has cut rates by 15bps at 90% and 95% LTV.

Nationwide’s lowest fixed rate is now 4.48% for new and existing customers looking to move home.

The specialist lender’s limited edition five-year fixed rate products, which feature no application or valuation fees, now start from 5.04%.

Rates have been reduced by up to 20bps.

Both prime and near prime deals now start from 5.29%.