TSB has brought a new three-year fixed mortgage to the market, while reducing rates across its buy to let and residential ranges.

The high-street bank is now offering a three-year fixed 90–95% loan to value (LTV) mortgage from 3.98%, with a fee of £995.

In addition, a selection of TSB’s residential mortgages will now incorporate rate reductions of up to 0.30%.

The bank’s homemover two-year fix will see the greatest cuts, as rates are slashed from 4.09% to 3.79% for customers with a 90-95% LTV mortgage.

Home movers and remortgagors can also enjoy reduced rates on other TSB residential products, including its two, three and five-year fixed rate deals, as well as its two-year tracker.

The bank’s buy to let range of mortgage products will see rate reductions as well.

Landlords will benefit from rate cuts of up to 0.35% over a range of TSB’s two, three and five-year terms.