LTVs up to 60% will see a 0.15% reduction, making TSB’s two-year fixed rate mortgage of 1.44% its best rate since May 2015.
Two-year tracker mortgages with a product fee and a LTV of 0-60% will also be reduced by 0.15%, whilst those looking for a ‘no product fee’ mortgage will gain from a 0.10% reduction on the two-year fixed and tracker mortgages.
Home movers and first-time-buyers looking for a longer five-year mortgage can also gain from a reduction up to 0.10%.
Last month, TSB made a further 0.10% reduction to its 2-year fixed and tracker mortgages with a 60-75% LTV, and a 0.05% reduction between 60-80% LTV.