TSB has cut rates across a range of mortgages for homemovers with a high loan to value (LTV) in addition to dropping rates for remortgagors with a low LTV.

The largest rate cut announced is one of 0.40 percentage points on TSB’s two-year fixed rate mortgage for homemovers with a LTV of 85-90%, whilst customers with the same LTV looking for a three-year fixed rate mortgage will benefit from a 0.30 percentage point reduction.

Homemovers with a slightly higher LTV of 90-95% will benefit from a cut of 0.20 percentage points on two-year fixed rate mortgages and a 0.10 percentage point reduction on five-year and 10-year fixed mortgages.

Also helping remortgagors with lower LTVs, TSB has reduced the rate of its five-year fixed rate remortgage product for customers with a LTV of 0-60%.