Both brands are also introducing a new Loan-to-Value (LTV) tier at 90%, priced at 3.99%.
Earlier this week, state-backed lenders RBS/NatWest and Halifax became the first lenders to announce their rates on their 95% LTV Help to Buy mortgages.
RBS/NatWest was first to announce both brands will offer a two-year fix at 4.99% and a five-year fix at 5.49%, fee-free.
Halifax has announced a two-year fix at 5.19% with a £995 fee with further details to follow. Other lenders Virgin Money, Aldermore, HSBC, OneSavings Bank and Santander have announced plans to join the scheme in the coming months.
The Help to Buy launch this week was brought forward three months after a shock announcement from David Cameron at the Tory party conference almost two weeks ago.
Lenders scrambled to launch by the government’s timetable, with mortgage advice networks admitting the move had been a surprise.
