TSB has a number of rate changes across a number of products within its residential mortgage range.

Changes include the following:

• Reduction of 0.05 percentage points on selected five-year fixed house purchase products
• Reduction of 0.05 percentage points on selected two-year and five-year fixed remortgage products, with a choice of free legals or £300 cashback
• Increase of 0.05 percentage points on selected two-year, three-year and five-year fixed house purchase products

Nick Smith, TSB’s head of mortgages, said: “Today’s selected rate reductions in our residential range are ideal for borrowers looking to buy a new home or for those wishing to remortgage as we enter Spring.

“The rate changes offer customers competitive rates with additional remortgage options, including free legals or £300 cashback.”