TSB is decreasing rates on all existing two-year fixed rate and the majority of five-year fixed rate mortgages for those with a higher loan to value of 85-95%.
It is also offering £250 cash back on fixed rate mortgages over 85%, including two, five and ten years, and launching two new mortgages in the 90-95% range with a £995 product fee.
The new two-year fixed mortgage at 90-95% LTV offers a rate of 3.98%, whereas the five-year fixed comes in at 4.69%.
Those that have a lower LTV ratio on their home (less than 85%) will see rates increase on two-year fixed rate, two-year tracker and five-year fixed rate mortgages by up to 0.10%, in line with recent moves across the market.