HSBC has cut rates across its entire range of repayment and landlord mortgages, by up to 15 basis points for residential and 17bps for buy-to-let loans.

The high street bank’s cheapest rate in its residential in the standard range is now a five-year fixed 60% loan to value, with a £999 fee, at 3.82% for first-time buyers, home movers and existing customers.

Its 70% LTV and 75% LTV five-year fixes, with a £999 fee, are also priced below 4% for these customers.

For two-year fixes, rates start at 4.14% for 60% LTV, with a £999 fee for first-time buyers, home movers and existing customers.

HSBC UK has competitive rates in the residential remortgage range, with reductions of 15bps on 70% LTV and 75% LTV products.

The remortgage range now starts at 3.90% for the five-year fixes, with a £999 fee, at 60% LTV, a reduction of 9bps

Across the lender’s BTL mortgage range, for existing customers, there are reductions of up to 17bps on five-year fixes at 60% LTV, with a £1,999 fee, available at 4.02%.

HSBC head of mortgages Oli O’Donoghue says the bank is “cutting rates again from today, across a broad range of LTVs, from 60% all the way up to 95%, to ensure we’re servicing the needs of customers with varied lending requirements”.