TSB has cut rates across a range of its fixed-rate mortgages, including deals for first-time buyers, home movers and those remortgaging.

Here are the key changes:

First-time buyers and home movers

• Three-year fixed-rate deals: Rates have been cut by up to 0.20% for those borrowing between 60% and 95% of their property’s value. For example, a three-year fix for a first-time buyer borrowing 60% to 75% of their property’s value with a £1,495 fee is now available at 4.51%.

Remortgaging

• Two-year fixed-rate deals: Rates have been reduced by 0.15% for those borrowing 75% to 80% of the property’s value. A two-year fix for a borrower with a 75% to 80% loan-to-value with a £995 fee is now 5.34%.
• Three-year fixed-rate deals: These have been reduced by 0.07% for those borrowing 60% to 75% of their home’s worth.
• Five-year fixed-rate deals: Borrowers needing a 75% to 85% loan-to-value will see rates cut by up to 0.10%.

Affordable Housing:

TSB has also cut rates on selected affordable housing products by as much as 0.35%.

All of the new rates are available immediately and the deals will be available until the end of December.