Coventry Building Society has made a stand by cutting rates for borrowers.
It is offering a four-year fixed rate mortgage at 3.98% with a 35% deposit.
The deal bucks the trend as many other lenders have raised their rates in response to inflation fears.
Coventry also has a 3.05% two-year fix deal for those with a 35% deposit and a 3.3% two-year fix for those with a 25% deposit.
Another product its offering customers is a three-year capped tracker deal at the base rate plus 1.99%, for those with a 25% deposit, currently 2.49%.
David Hollingworth, of mortgage brokers London & Country, said: 'Although a little shorter term security than on offer from a five year deal there is only a handful of sub 4% 5 year deals remaining and the rate is very attractive.'
We wouldn’t mind being sent to Coventry if these deals are anything to go by.