Nationwide Building Society is reducing rates by 0.15% on select 85% LTV fixed and tracker products.
Notable reductions include the 2-year fix cut to 2.84% which is available without a £999 fee at 3.09%.
In addition, the 2-year tracker has been reduced to 2.94% which is available without a £999 fee, at 3.19%.
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The new rates apply to first-time buyers, house purchase, remortgage and existing customers moving home.
The reduced rates will be effective from Tuesday 8 December.
Nationwide will also be expanding its lending at 90% LTV from tomorrow.
Henry Jordan, director of mortgages at Nationwide, said: “Despite the pandemic, activity in the housing market remains high as people seek to take advantage of the stamp duty holiday.
“Two-year fixed and tracker rates remain some of our most popular products and these latest changes will help us remain one of the most competitive providers on the market.
“Since we re-entered the 90% loan to value market in July, we have been the only major lender to offer such mortgages without volume restrictions and as a further show of support for the housing market we are now able to expand our lending at this loan-to-value to help house purchasers and existing customers moving home as well as first-time buyers.”