TSB has increased the rates on select first-time buyer and house purchase products by around 0.3 per cent and reintroduced residential deals.
Rates on two-year fixed rate first-time buyer and house purchase products up to 80 per cent loan to value (LTV) will rise by around 0.25 per cent.
Rates for these products start at 3.44 per cent up to 60 per cent LTV, up to 3.54 per cent at 75 and 80 per cent LTV.
TSB has also increased its five-year fixed first-time buyer and house purchase products by around 0.3 per cent.
Rates start from 3.59 per cent up to 60 per cent LTV with no fee and go up to 4.14 per cent between 90 and 95 per cent LTV, also with no fee.
The lender has also reintroduced five-year fixed first-time buyer and house purchase products with a £995 fee.
Pricing starts at 3.39 per cent up to 60 per cent LTV, and go up to 3.94 per cent at 90 to 95 per cent LTV.
TSB added that following the Bank of England base rate rise to 1.25 per cent, its homeowner variable rate would stand at 4.74 per cent and its buy-to-let variable rate is 5.59 per cent.
The rates will apply to new customers from today.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
