TSB Bank has reduced a number of rates within its residential mortgage range.

First-time buyer and house purchase two-year fixed rates at 60-80% LTV have been reduced by up to 0.45 percentage points.

Five-year fixed rates for first-time buyers and house purchase (with five-year ERCs) at 60-85% LTV have been cut by up to 0.70 percentage points.

At the higher LTV end, first-time buyer and house purchase two and five-year fixed rates at 85-90% LTV have been reduced by up to 0.45 percentage points.

In addition, remortgage five-year fixed rates at 60-85% LTV have been reduced by TSB by up to 0.35 percentage points.