TSB has cut mortgage rates by up to 0.2 percentage points across a range of mortgages for landlords, homeowners and homebuyers.

Reductions for both new and existing landlords:

TSB’s intermediary-only buy-to-let mortgages have been reduced across the whole range of LTV ratios available to landlords.

• TSB has cut rates by up to 0.2 percentage points for landlords taking out a buy-to-let mortgage on a new property.
• Three year fixed rate deals start at 3.04% with an LTV of up to 60% with a fee of £1,995. A fee free option is also available at 3.44%.
• Existing landlords with a mortgage elsewhere can remortgage to TSB over a five year term starting from 3.39%, with a fee of £1,995 for a LTV of up to 60%. For those with a higher LTV, of between 60-75%, rates now start at 3.99%.

Remortgage rates:

TSB is cutting residential mortgage rates across two and five year fixed term deals as well as the Bank’s two year tracker rate, which is pegged to the Bank of England’s base rate.

• Homeowners, with a loan to value ratio of 60 to 75% can benefit from two year fixed rates starting at just 1.74% with a £995 fee.
• Homeowners, with a loan-to-value (LTV) ratio of 60 up to 75% can benefit from two year fixed rates starting at just 1.74%.
• For homeowners with a higher LTV of 75 up to 80%, two year fixed rates start at 2.14% and 2.39% for LTVs of 80-85%.
• Two year trackers from 60 up to 85% LTV have all been reduced by 0.1%.
• Five year fixed rates have been reduced by 0.1 percentage points for people with an LTV ranging from 60 up to 85% with rates beginning at 2.59% with a £995 fee.

Homebuyers:

• Two year fixed rate mortgages have been reduced by 0.2 percentage points for homebuyers with a deposit of less than 20%.
• Homebuyers with a deposit of 15-20% can benefit from rates starting at just 1.94% for a two year tracker.
• Five year fixed rate deals, for those with deposits of 10-15%, have also been reduced with rates starting at 3.98%.