The lender is reducing all two-year fixed mortgage products by 15 basis points.

Keystone Property Finance has reduced rates by up to 10 basis points.

The largest reductions are to 95% LTV rates.

The specialist lender’s residential rates for cases up to £2m now start from 5.19%.

Shared ownership rates have seen the largest reductions.

The lender has also trimmed purchase rates by up to 0.09%.

Rates have reduced by up to 0.20%.

Barclays has introduced sub-4% two-year fixed rates at 75% LTV.

Those aspiring to own their first home are least optimistic about mortgage rates.

The new three-year fixed remortgage deals offer legal assist or £250 cashback.