NatWest and TSB have announced further rate rises today of up to 45 basis points, following increases they both set out yesterday.

Swaps have risen today, with two-year rates up 9.5bps on their position at close of business yesterday, and five-year rates up 10.9bps.

TSB is pushing up prices on a number of purchase deals for residential and buy-to-let borrowers tomorrow.

Two-year fixes are increasing by 45bps, three year fixes by 30bps and five-year fixes by 25bps.

These come after TSB raised prices on remortgage deals by similar margins today, which it announced yesterday.

NatWest is ratcheting up rates on product transfers and additional borrowing options tomorrow, but it has not disclosed by how much.

The bank already raised prices on lots of deals today including, for remortgage and purchase, most of which were around 15bps.

Fleet is relaunching fixed rate products tomorrow after withdrawing them from sale on Monday due to “extreme volatility”.

Pepper Money has relaunched deals with increases of up to 35bps today “in response to the continued turbulence in the swap markets due to the ongoing conflict in the Middle East”.

Coventry Building Society is also relaunching new customer deals after pulling them from sale on Sunday, but the new rates are up to 75bps higher.