The biggest rate cut announced today is 0.40% on TSB’s two-year fixed rate mortgage for homemovers with a LTV of 85-90%, whilst customers with the same LTV looking for a three-year fixed rate mortgage will benefit from a 0.30% reduction.
Homemovers with a 90-95% LTV will see a cut of 0.20% on two-year fixed rate mortgages and a 0.10% reduction on five-year and 10-year fixed mortgages.
TSB has also reduced the rate of its five-year fixed rate remortgage product for customers with a LTV of 0-60%, with rates now starting from 2.19%.