The lender’s rate on residential two-year fixed remortgage up to 60% loan-to-value (LTV) has gone up by as much as 0.20%.

In addition, its two-year fixed first-time buyer and home move product up to 85% LTV has increased by 0.10%.

TSB’s BTL five-year fixed house purchase and remortgages 75% to 80% LTV have risen by 0.20%.

However, it has reduced rates on its two- and five-year fixed house purchase and remortgage up to 60% LTV by 0.10%.

Following the Bank of England base rate decrease from 4.50% to 4.25% on 8 May, the homeowner variable rate is now 7.74%, the BTL variable rate is 8.59% and tracker rates have gone down by 0.25%.

Meanwhile, NatWest has lowered rates by up to 0.25% on its purchase, remortgage, shared equity, BTL and green products.

The lender has also moved its two-year term end dates from 31 July 2027 to 31 August 2027.

Five-year term end dates are also moving from 31 July 2030 to 31 August 2030.

Elsewhere, Clydesdale Bank has reduced rates on its professional, exclusives and core residential ranges.

The selected residential 65% to 80% two- and five-year professional rates will be reduced by up to 0.25%.

Clydesdale has also lowered the rates on residential 65% to 75% two- and five-year large loan exclusive rates by up to 0.15% while its residential 75% to 80% two- and five-year remortgage exclusive rates have gone down by up to 0.20%.

For existing customer product transfer exclusives, rates will be cut by up to 0.15%.

In addition, core residential rates have been trimmed. These include selected residential 65% to 75% two- and five-year rates, which have been reduced by up to 0.15%.

The residential 80% two-year >£1m discount offset will also be reduced by 0.10%.

Yesterday, Kensington Mortgages and Furness Building Society also announced rate cuts.