Its latest rate watch data shows the average two-year fixed across all LTV tiers remained at 5.13% and the average five-year deal at 5.1%.

Average three-year fixes increased slightly by 2 basis points to 4.6%.

The biggest changes were to 50% LTV deals, with substantial moves in both directions.

Two-year fixes at 50% LTV fell by 36 bps to 4.58% but three-year fixes at the same LTV jumped by 70 bps to 5.45%.

Five-year fixes at 50% LTV dropped by 26 bps to 4.92%.

Five-year fixed rates at 65% LTV fell by 9 bps 4.98%, but most other categories saw only slight movements were just a couple of basis points up or down.

Moneyfacts expert Caitlyn Eastell says: “There has again been mixed activity within the mortgage market this week and the volume of changes have slowed significantly, but ultimately fixed rate increases stole the spotlight.

“The prominent brands to increase selected fixed rates this week included Santander by up to 13 bps, Lloyds Bank by up to 15 bps, Halifax by up to 16 bps, and First Direct by up to 20 bps.

“Building societies made a few rate moves this week, those to increase included Nottingham Building Society by up to 15 bps, Leek Building Society by 5 bps, Yorkshire Building Society by 24 bps and Monmouthshire Building Society by up to 30 bps.

“However, some building societies went against the trend, those to reduce included West Brom Building Society by up to 18 bps, Nationwide Building Society by up to 12 bps and Cumberland Building Society by up to 25 bps.

“Not to go unnoticed, a few more lenders moved to increase rates such as Clydesdale Bank by up to 25 bps and Accord Mortgages by up to 10 bps. Separately, MPowered Mortgages reduced selected fixed rates by up to 8 bps.

“One of the eye-catching deals to hit the market this week was a two-year fixed rate deal from Furness Building Society, priced at 4.45% and available at 90% loan-to-value for home buyers.

“There is a £999 product fee, but this is offset by its lucrative incentive package which includes a free valuation and £250 cashback, this may therefore be an enticing choice for borrowers with smaller deposits.

“Borrowers may be disappointed to see that the rate cutting momentum has finished its course, with many deals edging back towards 4%.

“It is possible lenders are holding off until the summer to make more notable changes and they will likely be watching swap rates closely which have been wavering just below their 30-day highs.”

Last week’s data from Moneyfacts showed average fixed rates had increased.