TSB has made rate changes to its 10-year fixed rates for homemovers and remortgagers. 

Rates have fallen for those with a higher loan to value (LTV) and risen for those that have a lower LTV ratio on their home.  The increase is in line with recent moves across the market, it claimed.

The rate on 10-year fixed rate mortgages is reducing by 0.5 percentage points for homebuyers with deposits as low as 10% and by 0.10 percentage points for those with a deposit between 15% and 20%.

TSB has also cut remortgage rates.  Those looking to transfer to a new TSB mortgage when their previous one ends will benefit from rate cuts of up to 0.15 percentage points.

The bank has increased rates by up to 0.20 percentage points across its 10-year fixed rate homemover and remortgage range for people with a lower LTV (up to 60%) on their new house purchase or their existing home.  Rates now start at 3.34% for homemovers and 3.39% for remortgages.

Further changes will see a 0.10 percentage point and 0.05 percentage point increase on 60-75 % and 75-80% LTV homemover mortgages and 0.15 percentage points on 60 to 75% LTV remortgages.

All homeowners who remortgage their home with TSB can still benefit from a free valuation and the bank will also cover the standard legal costs.  Customers with a TSB bank account can also benefit from a £150 cashback when remortgaging with TSB.