TSB and Principality Building Society are the latest lenders to announce price rises of up to 50 basis points, while Newcastle is withdrawing scores of products at close of business.

At TSB, both residential and buy-to-let two-year fixed rates for remortgage are increasing by 45bps tomorrow.

Five-year fixed remortgage rates are rising by 25bps in both ranges.

Three-year remortgage deals for residential are climbing by 30bps.

At Principality, many of its product transfer deals are increasing.

The sharpest jumps are on several high loan-to-value deals.

In its residential range, two-year fixes at 90% LTV are going up by 50 bps.

A two-year fixed rate and a two-year discount rate at 85% LTV is also rising by the same margin.

For shared ownership borrowers, a 95% two-year fix is also jumping by 50bps.

Many of its other product transfer deals will go up by between 25 and 45 bps tomorrow.

It comes as analysis from Moneyfacts today revealed the average two-year fix is now more expensive than the average five-year deal.

Newcastle Building Society is withdrawing a long list of products at 5pm today.

The email to advisers does not say when they will be replaced.