Kensington has cut mortgage rates by up to 25 basis points today, while April and The Mortgage Lender are also making reductions.

At the same time, buy-to-let lender Rely has launched several limited edition deals.

At Kensington, the biggest cuts are within its residential range, with Resi Select rates lowered by up to 25bps across all fee options and LTVs.

For buy-to-let borrowers, selected 75% loan-to-value rates have fallen on Prime, Prime eKo and Core products.

At April Mortgages, a number of five, ten and 15-year fixed rates for remortgage and purchase are set to drop tomorrow.

Under the new pricing, five-year fixes at 60% LTV now start at 5.45% for purchase and 5.75% for remortgage.

A five-year fix for purchase at 95% LTV will be 5.95%.

A five-year fix at 90% LTV, which is the maximum LTV for remortgage, will be 6%.

TML has trimmed rates by up to 15bps on buy-to-let deals today, including houses in multiple occupation and multi-loan deals.

It has also launched new limited edition products with two-year fixes starting at 3.79%.

Rely has launched limited edition options for non-portfolio landlords for purchase and remortgage.

The new deals include two-year fixed rates from 3.51% at 55% LTV and 3.53% at 65% LTV.

Five-year fixed rates are from 4.58% at 55% LTV and 4.65% at 65% LTV.

Rely has also reduced the minimum loan size across its buy-to-let ranges to £25,001, although some product-specific minimums will continue to apply and may be higher.