Santander has announced it will be reducing most residential and buy-to-let (BTL) fixed rates across its new business and product transfer ranges.

As part of the cuts, almost all residential 60%, 75%, 80% and 85% loan-to-value (LTV) one-, two-, three-, five- and seven-year fixed rates will be lowered by as much as 0.13%.

For BTL rates, all 60% and 75% LTV two- and five-year fixes will be reduced by up to 0.10%.

Meanwhile, Nottingham Building Society will trim prices on new business and retention products by up to 0.15%.

Ranges included in the cuts are residential, standard, retirement interest-only, limited company BTL, foreign national and life happens.

Elsewhere, Foundation announced it will withdraw the majority of its products from across its residential range tomorrow.

Products will be replace the following day on 19 August.

In addition, as part of wider criteria changes, Foundation’s F4 credit tier products will be withdrawn and not replaced.

Kent Reliance has launched personalised rates across its product transfer ranges to support your residential and BTL customers.

Pricing will be determined following a range of considerations of customers’ accounts and circumstances.

These include no underwriting assessment required, a procurement fee can still be earned and there are no product fee options.

In addition, Precise has launched a new product transfer process.

The lender will offer personalised rates across its existing loan book and pricing will be tailored to individual mortgage accounts based on a range of loan specific considerations.

Earlier this afternoon, Nationwide said it would be cutting rates tomorrow by up to 0.15 percentage points across two-, three- and five-year fixes with its lowest rate starting from 4.48%.