Competition in the mortgage market has picked up further, with Britain's biggest building society among a string of lenders to announce further rate cuts to the products they are offering.
Nationwide has unveiled reductions on its mortgage rates on offer for people with deposits of between 10-20% and said that first-time buyers will continue to receive a £500 discount on fees for mortgages where borrowers would normally pay £900.
Its new deals include a new two-year-fixed rate product at 3.99% for borrowers with a 10% deposit, with a £900 fee, reduced to £400 for first-time buyers. Existing Nationwide customers get an extra 0.1% reduction on their mortgage rates.
The building society is yet to say whether is taking part in the new phase of the Government's flagship Help to Buy scheme, which offers state-backed mortgages to people with deposits as low as 5%
A Nationwide spokeswoman said there has been "no decision yet" about whether to take part.
Other major lenders, including HSBC, Santander and Barclays have confirmed they plan to come on board and state-backed lenders Royal Bank of Scotland, NatWest, Halifax and Bank of Scotland have already started offering loans under the scheme from this month.
Meanwhile, Norwich and Peterborough Building Society has also cut the rate on its five-year fixed-rate mortgage, which sits at the top of financial information website Moneyfacts' "best buy" tables, to 2.84%.
Borrowers choosing this mortgage need to have a deposit of up to 35%. They can have a free valuation and the choice of free legal fees or £200 cashback. The product fee is £295.
Virgin Money has also reduced rates on some of its mortgages, including reducing a two-year fixed-rate deal for people with a 10% deposit to 4.29% with a £995 fee. The lender has also cut rates for people with deposits of 20% and 25% by up to 0.25%.