Nationwide Building Society is to cut its two-year 50 per cent loan-to-value fixed rates for new applicants by 0.15 per cent.
The changes take place from June 3, with rates starting from 2.99 per cent.
There is a two-year fixed rate available at 2.99 per cent, £400 product fee and £99 booking fee for house purchases, or a £900 product fee and £99 booking fee for remortgage customers.
There is also a two-year fixed rate at 3.39 per cent up to 50 per cent LTV with no product fee and a £99 booking fee.
Head of mortgages Martyn Dyson says: “This rate reduction of our two-year fixed deals at 50 per cent LTV is great news for borrowers with a larger deposit. In particular, we believe this re-price will prove popular for remortgage customers looking to come to us from another lender – enabling intermediaries to do more business with their clients.”