This includes two, three, five and 10-year fixes, with or without a fee, up to 95 per cent loan to value (LTV). It also applies to products for new members who are moving, first-time buyers, remortgagors and those switching rates.
For example, its two-year fixed mortgage for existing members moving home at 60 per cent LTV is now 6.29 per cent, up from 5.89 per cent. This has a £999 fee. The fee-free option has gone up from 6.09 per cent to 6.49 per cent.
The three-year fixed equivalent mortgages are priced at 5.94 per cent and 6.29 per cent, up from 5.54 per cent and 5.89 per cent respectively.
The five-year fixed options have increased by 0.35 per cent to 5.64 per cent and 5.74 per cent respectively.
The changes came into effect on 13 July.
TSB
TSB has upped residential rates by as much as 0.55 per cent, product transfer rates by up to 0.6 per cent and additional borrowing pricing by up to 0.45 per cent.
Its two and five-year fixed purchase products have been amended and now start from 6.39 per cent for a two-year fix at 60 per cent LTV with a £995 fee or 5.79 per cent for the corresponding five-year fixed option.
The affected products transfer rates include its five and 10-year fixes, while the five-year fixed additional borrowing rates have been increased.
Across its product transfers, TSB’s rates now start from 5.64 per cent for a five-year fix at 60 per cent LTV with a £995 fee, or 5.84 per cent without a fee. Pricing goes up to 6.49 per cent at 90 to 120 per cent LTV.
The 10-year fixed product transfer rate at 60 per cent LTV is now 5.29 per cent, while the option at 60 to 75 per cent LTV is 5.39 per cent. Both are product fee-free.
