HSBC and Precise are set to increase rates tomorrow, while Halifax and BM Solutions are trimming costs.

At HSBC, rates are set to increase across both residential and buy-to-let product ranges, however, the lender never provides prior notice of the scale of any price changes.

Precise is withdrawing its current residential range at 5pm today and says it will launch higher rates tomorrow.

But Halifax is lowering some rates for home movers and first-time buyers tomorrow.

Selected two, three and five year fixed rates will fall by up to 9 basis points, while two-year tracker rates will be reduced by up to 12bps.

Its sister brand, BM Solutions, is also cutting buy-to-let and let-to-buy rates.

Within its personal ownership range, selected two and five year fixed purchase rates will fall by up to 18bps, while selected two, three and five year remortgage fixes will be reduced by up to 13bps.

Limited company buy-to-let purchase rates will also decrease by up to 18bps across selected two and five year fixes, while remortgage rates will fall by up to 10bps.

On Friday, Moneyfacts’ rate watch data showed that average two and five-year fixed rates remained broadly flat week on week, hovering just below 6%.