TSB will now lend at up to 80 per cent LTV for residential products and 75 per cent LTV for buy-to-let mortgages.
The new mortgages will be available as two-, three-, five-, and 10-year fixes. For residential, ERCs will apply to five-year fixes, and for BTL, 10-year fixes.
The lender is also issuing a new two-year tracker for purchase and remortgage at up to 80 per cent LTV with no ERCs. It will command a £995 fee.
In a note to brokers, TSB adds that a number of its two-year residential remortgage products at up to 75 per cent LTV will receive rate cuts of up to 0.25 per cent, while two- and three- year fixed rate purchase products from 60 per cent to 75 per cent LTV will see cuts of up to 0.20 per cent.