Nottingham Building Society has cut the rates on 10 of its mortgages.
It has also launched three new remortgage only products and launched a further two new residential products.
The largest reduction is on a 90 per cent loan-to-value two-year fix with no booking or arrangement fee which has had its rate reduced by 29bps from 2.69 per cent to 2.40 per cent.
Meanwhile a 75 per cent LTV three-year fix has had its rate cut from from 2.19 per cent to 2.09 per cent and an 80 per cent LTV five-year fix has had its rate cut from 2.47 per cent to 2.24 per cent.
The new residential products are a 75 per cent five-year fix with a 2.20 per cent rate, a £199 booking fee and a £800 arrangement fee, as well as a 90 per cent two-year fix with a 1.99 per cent rate, a £199 booking fee and an £800 arrangement fee.
Meanwhile the new remortgage products are:
■70 per cent residential two-year fix; 1.80 per cent pay rate; no booking fee; no arrangement fee
■70 per cent residential five-year fix; 2.25 per cent pay rate; no booking fee; no arrangement fee
■75 per cent buy-to-let two-year fix; 2.64 per cent pay rate; no booking fee; no arrangement fee; free basic property valuation
