The lender outlined that 2-year fixed first-time buyer and house purchase 80% to 90% LTV product rates have been reduced by 0.15%.

In addition, 5-year fixed first-time buyer and house purchase 60% LTV and 75% to 90% LTV product rates have been cut by up to 0.25%.

Last month TSB made amendments to its residential range, which included extending its product end dates until the end of May.

It also announced a series of rate reductions to offerings within this product range.