Related topic: Mortgage rates

The changes apply across selected two-year and five-year fixed rate products for purchase and remortgage.

The Society has reduced residential rates at 90%, 95% and 100% LTV.

Sales market activity indicators remain firmly negative, the latest RICS data shows.

The lender has also reduced MUFB and holiday let rates.

The reductions are aimed at supporting first-time buyers and home movers.

The three new products are fixed until the end of September 2031.

The buy-to-let lender has launched new one-year fixed and two year tracker options with a 1% fee.

Rates have reduced by up to 0.35% and now start from 4.14%.

The Society has introduced reduced options for new and existing customers.

Nationwide’s lowest rate now 4.35% for new and existing customers looking to move home.