Nationwide Building Society will cut selected fixed and tracker rates across its range by up to 35 basis points.

Highlights of the new rates, which launch tomorrow (30 June), include:

Among offers for new customers moving home is a two-year tracker rate at 60% loan to value down by 0.25% to 1.39%, with a £999 fee.

A five-year fixed-rate deal at 85% LTV cut by 0.10% to 2.49%, with a £1,499 fee.

And a ten-year fixed-rate loan at 60% LTV reduced by 0.35% to 1.99%, with a £999 fee.

Among the offers for first-time buyers is a two-year tracker rate at 60% LTV reduced by 0.25% to 1.39%, with a £999 fee.

A two-year fixed-rate mortgage at 95% LTV reduced by 0.15% to 3.64%, with no fee.

And a ten-year fixed-rate offer at 60% LTV reduced by 0.35% to 1.99%, with a £999 fee.

Among remortgage offers is a two-year fixed-rate loan at 75% LTV reduced by 0.10% to 1.19%, with a £999 fee.

A two-year fixed-rate deal at 80% LTV reduced by 0.15% to 1.79%, with a £999 fee. And a ten-year fixed-rate product at 60% LTV reduced by 0.15% to 1.99%, with a £999 fee.

The high street lender adds that for members who move home, it will reduce rates by up to 0.15% on selected fixed and tracker products up to 95% LTV.

It will also cut selected further advance, family deposit mortgage and switcher rates by up to 0.15%.

Nationwide director of mortgages Henry Jordan says: “As one of the largest lenders in the UK we always keep our rates under review to ensure we can maintain our competitive position in the market.

“Whether someone is buying a new home or remortgaging their existing property we have a range of mortgages on offer to suit their needs.”