TSB Bank has announced changes to its residential range of mortgages.

Changes are as follows:

• Five-year fixed remortgage 0-60% LTV rates reduced by 0.05 percentage points
• Five-year fixed remortgage 60-75% LTV rates increased by 0.05 percentage points
• Two-year fixed house purchase 90-95% LTV rates increased by 0.05 percentage points 

Nick Smith, TSB’s head of mortgages, said: “Over the past few weeks we have seen the cost of borrowing on five-year fixed rate deals continue to fall.

“Today’s changes will prove particularly attractive for those who have a large deposit and will also offer peace of mind to those wanting to fix their monthly payments for a longer term.”