Rates now start from 3.09% and are available to homebuyers looking for two, three and five year fixed rate mortgages.
The Bank's signature Fix and Flex mortgage rates now start from 4.94%. Fix and Flex allows people to set their mortgage rate for ten years but leave after five, without penalty, should their circumstances change.
TSB has also cut the mortgage rates on its new stepped three year mortgage by 0.2%.
Additionally, it has introduced £1,000 cashback for homebuyers with an LTV between 85 and 90% – and looking to fix their mortgage rate for the next three years.
