Related topic: Mortgage rates

The changes include a number of new product launches as well as pricing improvements across the existing range.

The rate reductions span products for UK expats and international residents.

Nationwide’s lowest rate now 4.50% for new and existing customers looking to move home.

The lender has reduced rates by up to 0.20% and introduced new fee options.

The lender has also made a number of residential criteria enhancements targeted at borrowers with complex income streams.

The buy-to-let lender has cut five-year fixed rates and launched new product options, including two-year product transfer trackers.

The rate reductions cover products for first-time buyers, home-movers and buy-to-let borrowers.

First-time buyer rates have seen the largest reductions.

The changes apply across 15 core products, including both standard and AVM options.

The lender has reduced selected buy-to-let and let-to-buy product rates.