The TSB will cut residential mortgage interest rates tomorrow by up to 20 basis points.
The lender discounts rates for two-, three- and five-year fixed purchase rates by up to 20 basis points.
Three-year mortgage remortgage reforms will be reduced by 15 basis points.
Last week, Halifax, BM Solutions and Vida Homeloans announced interest rate cuts which will come into effect from today.
Analysis by Moneyfacts found that average two- and five-year fixed interest rates fell during the week to Friday, after 19 banks repriced.
