TSB has made rate cuts of up to 0.30% to products in its product transfer and additional borrowing ranges. 

The product transfer residential one-year fixed rate and the buy-to-let (BTL) one-year fixed rate have both been lowered by 0.30%.

In the same range, residential two-year fixed 0% to 60% loan-to-value (LTV) rates have gone down by as much as 0.25%.

The lender’s additional borrowing residential two- and five-year fixed rates have been reduced by up to 0.25%.

Residential three-year fixed 0% to 75% LTV rates and BTL two-year fixed rates have both had cuts of 0.10%.

This afternoon Nationwide also announced it would be lowering rates across two-, three- and five-year fixed products by up to 0.21%.

The lender’s lowest rate now sits at 3.74%.