The lender says it now has the most rates under 4% since 2022.

The two year fixed rate at 60% loan-to-value (LTV) has been lowered to 3.84% for remortgages and for premier customers the 60% LTV with a fee of £999 is 3.81%.

The bank’s lowest purchase rate is 3.83% for premier customers and 3.86% for non-premier customers. This is on a two-year at 60% LTV with a fee of £999 and has been lowered by 0.05%.

For premier customers the lowest remortgage rate is 3.81% and for non-premier customers is 3.84%. This is based on a two-year at 60% LTV with a fee of £999.

The lowest switcher rate sits at 3.74% for two- and five-year rates at 60% LTV with a fee of £999 for premier customers. The equivalent for non-premier customers is 3.79%.

In addition, BTL rates have been reduced by up to 0.25% and international mortgages have been cut by up to 0.09%.

The lowest BTL rate is at 3.74%, based on a two-year at 60% LTV with a fee of £3,999 fee or 3.99%, based on a two-year at 60% LTV with a fee of £1,999.

Meanwhile, the lowest international mortgage for premier customers is 4.23%, based on a two-year at 60% LTV and a fee of £999, while the equivalent mortgage for non-premier customers is 4.26%.