HSBC, Moda Mortgages, Leeds Building Society and Molo are the latest lenders to announce rate cuts.
The news comes after price cuts from Halifax, Lloyds, Coventry, Kensington and Gen H were announced yesterday.
HSBC has planned far-reaching rate cuts across both its residential and buy-to-let product ranges tomorrow.
However, the lender never gives brokers advance notice of what the new rates will be.
Moda, the specialist arm of Chetwood Bank, today cut rates by 20 basis points on a number of buy-to-let deals.
Following the cuts, the limited edition two-year fixed rate products now start from 3.34% for single-family homes and from 3.44% for houses of multiple occupancy (HMOs) and multi-unit blocks (MUFBs) with up to six bedrooms or units.
The limited edition five-year fixes now start from 4.94% for individual homes and from 5.04% for HMOs and MUFBs.
Molo today also reduced buy-to-let rates by up to 10 basis points.
The lender’s standard buy-to-let rate now starts at 3.05% for a two-year term and 4.75% for a five-year term.
For HMOs and MUFBs, rates now start at 3.16% for two-year deals and 4.84% for five-year deals.
There is no premium for larger properties with six or more rooms or units.
Meanwhile, Leeds Building Society is also reducing selected fixed rates for private borrowers, including new customer deals, rate changes and additional loans.