TSB has also reduced the interest rate on its 60% LTV fix and flex mortgage from 3.44% to 3.14%.
A TSB spokesperson said: “TSB is set on stirring up the market by creating more competition and offering people more choice when buying their home.”
The fix and flex range offers a fixed interest rate over 10 years, however borrowers have the freedom to leave the mortgage after five years without paying an early repayment charge.
