TSB has reduced residential rates on selected products.
The lender’s two-year fixed home purchase prices, including affordable homes, products with a Loan-to-Value (LTV) of 0% to 75% have been reduced by 0.10%% and the three-year fixed home purchase prices with an LTV of 75% to 85% have also fallen by 0.10%.
In addition, five-year fixed home purchase rates between 0% and 60% LTV have been reduced by 0.05% and five-year fixed home purchase rates between 60% and 75% LTV with a £995 fee have fallen by 0.05%.
TSB has also reduced the interest rate on its two-year fixed remortgage products for both fee and no fee options by 0.05%.
Meanwhile, the product transfer for homes with a fixed LTV of 60% to 75% costing £1,495 and £995 over a two-year term has been reduced by 0.05%.