HSBC has cut rates across its mortgage range, including what it says are some of its lowest remortgage rates.

The high street bank says homeowners who want to remortgage their property can use its five-year fixed-rate loan, with a £999 fee at 60% loan to value at 0.94%, with reductions of up to 15 basis points for fixed-rate products, or up to 40bps on tracker options.

It adds customers who want to move home or take their first step on the property ladder can take advantage of discounts up to 20bps.

The lender’s remortgage deals include:

A two-year fixed-rate loan, with no fee, at 75% LTV at 1.29%

And a five-year fixed-rate offer, with a £999 fee at 75% LTV at 1.14%.

The firm’s purchase deals include:

A two-year fixed-rate loan, with a £999 fee, at 75% LTV at 0.99%.

A two-year fixed-rate mortgage, with a £999 fee, at 85% LTV at 1.59%.

And a two-year fixed-rate deal, with a £999 fee, at 90% LTV at 1.94%.

HSBC head of buying a home Michelle Andrews says: “Buying a home or remortgaging with us has never been cheaper.

“These cuts will make getting on to or moving up the property ladder more affordable, possibly being the difference in a home buyer being able to afford the property of their dreams.”