High Street challenger Metro Bank is cutting rates across its residential and buy-to-let mortgage ranges to as low as 1.99%.
Metro has also refreshed its higher-loan-to-value (LTV) mortgage range.
The new range includes a two-year fixed rate charging 1.99% up to 70% LTV.
Its new two-year tracker charges 2.09% to 85% LTV.
Both rates are available for residential mortgages up to £1.5 million.
Metro has also launched a two-year fixed rate buy-to-let loan charging 2.69% up to 65% LTV. This is available on loans up to £1 million.
Revised higher-LTV rates:
Two-year tracker charging 2.09% up to 70% LTV, on loans up to £1.5 million.
Two-year buy-to-let tracker charging 2.65% up to 75% LTV, up to £1 million.
Paul Riseborough, managing director of customer propositions at Metro Bank, said: "Following a strong 2014, where mortgage lending at Metro Bank more than doubled, we are now looking at the next phase of growth for our mortgage proposition.
"In the next year, we want to continue growing our relationships with customers and brokers, by providing them with the highest levels of service and convenience."
Metro Bank underwrites mortgage applications on an individual basis to ensure customers' personal circumstances are taken into account.
New customers benefit from one single point of contact throughout the application process, and brokers can submit applications through the Metro Bank online mortgage portal.
Metro does not sell bank assurance or insurance, which it says allows it to focus entirely on servicing the customer.
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