Average rates edged upwards in some LTV tiers the latest weekly data from Moneyfacts shows.

The comparison site’s figures reveal no change to the average rate across all LTVs in most categories of fixed rate.

However, in some bands there were single basis point shifts which were mostly upwards.

Two-year fixes

The average two-year fixed across all LTV tiers remained static at 2.43 per cent week on week.

At 95 per cent LTV the average two-year fixed ticked up from 3.25 to 3.26 per cent, while at 90 per cent rates dipped from 2.57 to 2.56 per cent.

There was no movement at  85 and 80 per cent LTV rates where rates held at 2.49 and 2.41 per cent respectively.

At 75 per cent LTV rates crept up from 2.29 to 2.3 per cent, but at 70 per cent they were unmoved at 2.52 per cent.

There was no change at 65 and 60 per cent LTV where rates remained at 1.98 and 1.8 per cent respectively.

The biggest movement was at 50 per cent LTV where rates increased from 2.15 to 2.19 per cent.

Three-year fixes

The average three-year fixed across all LTV tiers remained at 2.52 per cent.

At 95 per cent LTV they ticked up from 2.5 to 2.51 per cent, but there was no change at 90, 85 or 80 per cent LTV.

At 75 per cent LTV rates ticked up from 2.05 to 2.06 per cent and at 65 per cent they climbed from 1.69 to 1.7 per cent.

There was no change at 70, 60 or 50 per cent LTV.

Five-year fixes

For five-year fixes, the average across all LTVs remained at 2.74 per cent.

There were single basis point increases at 75 per cent LTV and 65 per cent LTV to 2.57 and 2.24 per cent respectively.

At 50 per cent LTV rates increased by two bps to 2.48 per cent.

Ten-year fixes

The average 10-year fixed across all LTV tiers edged down from 2.72 to 2.71 per cent.

The reduction was driven by a drop of 3bps in the 60 per cent LTV tier where average rates came down to 2.43 per cent.

At 75 per cent LTV they ticked up from 2.56 to 2.57 per cent but were static in all other tiers.

Moneyfacts finance expert Eleanor Williams says: “We have seen a mixture of changes across the mortgage market this week, including a number of lenders opting to balance making both increases and reductions across different parts of their product ranges.”

TSB cut rates in its buy-to-let range by up to 25 bps and made lesser reductions to residential deals, but also increased rates on some products.

Santander increased some rates by 10 bps while reducing others by 5bps. Halifax reduced rates on a large number of two and five year fixes.

Williams: “With the average rate inching up very slightly this week, borrowers would be wise to keep an eye on what lenders are doing as we are seeing that rates can be very changeable, and so it will be interesting to see what happens in the weeks to come.”