The Nottingham has reduced the rate on its 95% LTV five-year fixed product from 4.10% to 3.90%.

The product comes with no administration, booking or valuation fees.

In addition, the building society has also introduced a 70% LTV two-year fixed remortgage-only offering at a rate of 1.60%, with no fees.

Nikki Warren-Dean (pictured), the Nottingham’s head of intermediary sales, said: “Maintaining a closeness to the market and listening carefully to broker feedback is really important, as it helps to keep us versatile, flexible and proactive with our product launches and pricing.

“These two products are undoubtedly designed for people at differing ends of the property buying spectrum, however what they do have in common is that they have been borne out of our desire to have a range that caters for all, and they are both competitively priced.”