The lender’s two-year fixed rate purchase at 95% loan-to-value (LTV) has decreased from 4.81% to 4.69% and comes with no fee, while the five-year fixed rate purchase at 95% LTV has been lowered by 6 basis points to 4.75%, also with no fee.

In addition, NatWest has reduced two- and five-year fixed rate remortgages. For example, the 90% LTV two-year fixed with a fee of £995 has been lowered by 9bps to 4.52% and the 90% LTV five-year fixed with no fee has been cut by 10bps to 4.44%.

Buy-to-let (BTL) remortgage rates have also been cut. The two-year fixed at 60% LTV fee-free option has been trimmed by 10bps to 4.24% and the equivalent with a fee of £995 has been reduced by 12bps to 3.90%.

NatWest has also lowered rates on green BTL and standalone additional borrowing products.

Elsewhere, Barclays has made changes to products in its residential purchase and remortgage ranges.

Residential purchase only products have been cut, these include the premier two-year fixed fee free at 95% LTV which has been lowered from 4.87% to 4.55%.

In addition, the two-year fixed at 90% LTV with no fee has been lowered from 4.92% to 4.60% and the three-year fixed at 90% LTV with a fee of £899 has been reduced from 4.48% to 4.38%.

These all have a minimum loan of £25k and a maximum loan of £570k.

Meanwhile, Barclays has also lifted rates on in its residential purchase only range.

The two-year tracker at 60% LTV with a fee of £999 has risen from 3.96% to 4.01%, while the two-year fixed at 60% LTV with a fee of £899 has been increased from 3.65% to 3.70%.

These both have a minimum loan of £5k and a maximum loan of £2 million.

Remortgage prices have also increased. The two-year fixed rate at 80% LTV has been lifted from 4.09% to 4.14% with a minimum loan of £5k and a maximum of £2 million.

Elsewhere, Virgin has made a mix of rate increases and decreases on selected products.

Selected two-year fixed remortgage rates with a fee of £999 have been reduced by up to 0.16% to start from 3.84% while selected two-year fee-savers will be lowered by up to 0.17% to start from 4.14%.

Purchase two-year fixed rates with a fee of £999 will be cut by as much as 0.08% to start from 3.80% and five-year fixed rate fee-savers will be lowered by up to 0.13% to start from 4.04%.

In addition, rates have been reduced on BTL products including the two-year fixed rate fee-saver at 75% LTV, which has been trimmed by 0.20% to 4.40% and two-year fixed rates with a fee of £995 which have been lowered by up to 0.19% to start from 4.12%.

Product transfer rates have also been cut. These include selected three-year fixed rates which will go down by up to 0.11% to start from 3.80%.

Virgin has also made increases to selected products. The exclusive BTL five-year fixed rates with a fee of £2,195 will go up to by as much as 0.07% to start from 4.07%.

BTL product transfer prices have also risen. Selected two-year fixed rates will be lifted by up to 0.04% and selected five-year fixed rates will be increased by as much as 0.05% but also some reductions have been made by up to 0.15%.

Santander also announced it had reduced rates across all its 85% to 95% LTV first-time buyer products by up to 0.32%.