TSB has emailed brokers to say it is withdrawing its 85 per cent loan-to-value deals from 8pm this evening.

The news comes in a week that has seen Accord, Virgin Money, Clydesdale and Furness Building Society withdraw from 90 per cent LTV lending.

HSBC continues to lend at this LTV and Coventry has bucked the trend by announcing the launch of two deals in this tier on Friday.

TSB says it is removing its house purchase, remortgage and affordable housing deals for borrowers with a 15 per cent deposit, but says they will be “re-introduced in the near future”.

The email says it has taken the decision “to make sure we’re taking a responsible approach to help our customers borrow well”.

The lender is also temporarily withdrawing its residential three-year fixed rate products and its deals with a £1,495 fee.