It has also removed its three-year fixed-rate deal at up to 90% loan-to-value (LTV) for residential borrowers.
TSB is the latest lender to increase its rates amid the build-up to an expected Bank of England Base Rate rise in November.
The loans affected are:
- Two-year fixed, 85% LTV (with no fee) rates increased by 0.20%;
- Five-year fixed, 75-80% LTV rates increased by up to 0.20%;
- Two-year fixed, 60% LTV (with no fee) for buy-to-let borrowers – rate increased by 0.20%.