Hinckley & Rugby for Intermediaries has cut rates across its entire mortgage range.

The lender has made reductions of between 0.20% and 0.30% on selected products, including its two year discount range.

Among the highlights, Hinckley & Rugby has reduced its two-year discount product at 80% loan-to-value (LTV) from 4.80% to 4.50%, the largest cut across the core range.

In buy-to-let (BTL), the two-year fixed product rate at 75% LTV has been cut from 5.55% to 5.35% and the two-year discount Income Flex product at 80% LTV has seen its rate reduced from 4.94% to 4.74%.

Hinckley & Rugby for Intermediaries head of sales Laura Sneddon says: “Brokers and their customers are operating in a very competitive market, and it is important that we continue to respond quickly to changes in pricing and demand.”

“These latest rate cuts are about supporting brokers placing cases today, and they follow closely on the heels of our recent move to increase Income Flex lending to 95% LTV. Together, these changes show our clear focus on backing brokers with both flexible criteria and competitive rates.”

Elsewhere, Leeds Building Society has trimmed prices by up to 0.34%.

As part of the reductions, selected limited company BTL fixed rates have been lowered by up to 0.34%.

The society has also launched new residential Bank of England Base Rate Tracker rates.

In addition, selected residential rates have been withdrawn.

For existing customers, Leeds has cut selected limited company BTL fixed rates by as much as 0.34%.

Meanwhile, Coventry for intermediaries has also lowered rates.

For new borrowers, the lender has trimmed all residential fixed purchase rates at 90% LTV, excluding three-year rates with a fee.

It has also reduced all residential fixed purchase rates at 95% LTV.

For existing borrowers, all residential fixed rates at 90%, excluding three-year rates with a fee, and all residential fixed rates at 95% to 100% LTV have been lowered.