TSB is lowering residential, buy-to-let (BTL), product transfer and additional borrowing fixed rates by up to 0.5%.
The fixed rate changes will come into force from 30 August.
Within its residential range, its two-year fixed first-time buyer and homemover deals from 75% to 85% and 90% to 95% loan to value (LTV) will decrease by 0.05%, while two- and three-year fixed remortgage deals will fall by up to 0.45%.
In its BTL range, two- and five-year fixed house purchase and remortgage products will decrease by up to 0.15% and its product end dates will be moved to the end of January.
TSB is adding residential product transfer two-year fixed rates up to 75% LTV with a £1,495 fee, and its product end dates have been extended to January.
The firm is also lowering residential product transfer two-, three- and five-year fixed rates by around 0.5%. BTL two- and five-year fixed rates up to 75% LTV will fall by up to 0.15%.
On the additional borrowing side, residential two-, three- and five-year fixed rates will decrease by around 0.5% and BTL two- and five-year fixed rates will decrease by up to 0.15%. Product end dates will be moved out to the end of January.
TSB last lowered rates for first-time buyer and homemover deals last week.
Bath BS ups max lending at 95% LTV
Bath Building Society has increased the maximum lending amount at 95% LTV for residential mortgages for home purchase and remortgage.
The maximum lending limit has gone up from £500,000 to £650,000. The change will allow more first-time buyers and movers with “limited deposits or equity to access higher lending amounts”.
The lender said that the maximum lending limits at 80% LTV for standard residential products will stay at £1.5m.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
