Barclays, NatWest, Santander and TSB are among the latest lenders to cut rates this week in a major wave of repricing.

NatWest is making reductions of up to 31 basis points, Santander up to 21bps, TSB up to 20bps and Barclays up to 13bps.

Other lenders slashing prices include Molo, by up to 53bps.

Meanwhile, Kensington is making more modest reductions, lowering some buy-to-let deals by up to 10bps.

NatWest‘s sharpest cuts are on its 75% LTV two-year fixed Help to Buy shared equity remortgage with no fee and £500 cashback, which will drop by 31bps to 4.99%.

A fee-free remortgage two-year fix at the same LTV will also fall by 31bps to 4.84%.

In Santander’s sweeping reprice, which takes effect tomorrow, the biggest cuts are to selected first-time buyer rates.

A 60% LTV two-year fixed with a £999 fee and £250 cashback reduced by 21bps to 4.44%.

The lender is also reducing a 95% LTV three-year fixed first-time buyer deal with no fee and £250 cashback by 19bps to 5.3%.

For home movers, a 60% LTV two-year fix with a £1,499 fee and £250 cashback will fall by 18bps to 4.32%.

Molo Finance is also making substantial cuts to some of its specialist deals for international borrowers.

The steepest of these is on its non-resident five-year fixes, with rates down by 53bps and now starting at 6.07%.

TSB’s reprice, which took effect today, includes cuts of up to 20bps to two, three and five-year fixes for purchase.