The changes will apply from 5 January and include reductions of up to 0.55 per cent across residential first-time buyer deals, where rates now start at 4.54 per cent for a mortgage up to 60 per cent loan to value (LTV) with a £995 fee.
Its homemover mortgages have been reduced by the same amount and begin from an equivalent pricing.
Its two-year fixed remortgages have been cut by up to 0.4 per cent, and rates start from 4.44 per cent for a mortgage up to 60 per cent LTV with a £995 and free legals.
Across its product transfer range, TSB has reduced rates by up to 0.45 per cent. Pricing now starts at 4.24 per cent for a product up to 60 per cent LTV with a £995 fee.
LendInvest adds residential deals
LendInvest Mortgages has launched residential mortgages with pricing lower than its previous offering.
Rates now start from 5.49 per cent after a 0.55 per cent drop. This includes options for first-time buyers, mixed income earners and credit-impaired borrowers looking to purchase or remortgage.
Paula Mercer, head of sales at LendInvest Mortgages, said: “Our residential mortgages have always been designed to help people either into the housing market for the first time, help them buy their new home after their circumstances change, and remortgage comfortably.
“After a challenging year for homeowners and first-time buyers, we wanted to make sure we gave them the tools to realise their home owning ambitions.”
