The co-operative bank for intermediaries will relaunch its mainstream and buy-to-let mortgage ranges for new business and retention.

For new business residential products, the lender has reduced selected remortgage two- and three-year fixed products by as much as 0.18% while purchase two- and three-year fixes have been lowered by up to 0.26%.

Two-year fixed professional mortgage products have been lowered by 0.18% while BTL two-year fixes have been cut by 0.10%.

For retention customers, selected two- and three-year fixed residential products have decreased by up to 0.18% while Help to Buy selected two- and three-year fixes have been reduced by as much as 0.11%.

Elsewhere, Gen H has made rate cuts on high-LTV products.

Standard two-year rates at 85% loan-to-value (LTV) and above have been reduced by 25 basis points while standard three- and five-year rates at 85% LTV and above have been reduced by up to 18bps.

The lender has also made smaller improvements to high-LTV homebuying bundle rates.

Gen H chief commercial officer Pete Dockar says: “We’re delighted to expand our recent series of rate cuts to include our high LTV products.”

“Market conditions are lending themselves ever so slightly to the benefit of first-time buyers, with a gentle market lull following the stamp duty deadline and, indeed, Trump’s tariffs driving swap rates down.”

Meanwhile, Nottingham Building Society has trimmed prices across its foreign national mortgage range by up to 0.10%.

The cuts follow enhancements introduced in late 2024 to make homeownership more accessible for foreign nationals.

This included expanded visa acceptance to include global talent, pre-settlement, UK ancestry, British national overseas, health and care worker, skilled worker, tier 2, and dependent visas.

Nottingham Building Society sales director Matt Kingston comments: “We’re proud to lead the way in specialist lending by offering more accessible solutions for customers who are often underserved by the mainstream.”

“These latest rate reductions reflect our commitment to unlocking homeownership for people in complex or unique situations.”

HSBC has also announced it will make rate decreases.

Cuts will be across various ranges including residential first-time buyer/home mover products on two- and five-year fixed fee savers between 60% and 95% LTV.

Residential remortgage prices on two- and five-year fixed premier exclusives at 60% LTV to 90% LTV have also been trimmed.

BTL purchase rates have also been cut including two-year fixed standard products with a fee of £3,999 at 60% to 75% LTV.

In addition, international residential rates on two- and five-year fixed premier exclusives at 60% to 75% LTV have been cut.