Nationwide has cut rates across its fixed rate and tracker ranges by up to 0.20%.
With 2-year fixes the lender’s 60% loan-to-value product costs 1.19% with a £999 fee and 1.59% with no fee, while its 90% LTV rates stand at 2.24% with a £999 fee or 2.64% with no fee.
Its 5-year fixes start at 1.89% with a £999 fee and 2.09% with no fee to 60% LTV.
Some tracker rates have also been reduced, as the lender’s 60% LTV 2-year tracker costs 1.19% with a £999 fee and 1.59% with no fee and its 60% LTV 5-year tracker has a rate of 1.69% with a £999 fee.
Henry Jordan, Nationwide’s head of mortgages, said: “We are reducing selected rates across the fixed and tracker rate product ranges, for those with both large and small deposits.
“As well as offering a wide range of competitive mortgage rates, Nationwide also offers additional benefits to first-time buyers, homemovers and those remortgaging to the society.”
All standard mortgage valuations are now fee-free, while first-time buyers receive a £500 cashback to help with the cost of moving.
Remortgage customers get a free standard valuation and the choice between free standard legal work and £250 cashback.