TSB has informed brokers that it will be increasing selected mortgage rates across its offering, as well as withdrawing a number of existing products.

Effective from tomorrow, Thursday 25th April, the lender will be withdrawing all of its 2-year tracker first-time buyer, home mover and remortgage products.

In addition, it will be increasing rates on 2-, 3-, and 5-year first-time buyer, home mover and remortgage products by up to 0.35%.

It’s Shared Ownership and Shared Equity offering will also see increases of up to 0.75%.

In TSB’s buy-to-let range, its 2-year tracker for house purchase and remortgages, and its 2- and 5-year fixed house purchase and remortgage products with zero fee will all be withdrawn from market.

The lender is also increasing rates on its 2- and 5-year fixed house purchase and remortgage offering by up to 0.45%.

TSB has urged brokers to submit applications for existing products by the end of today, Wednesday 24th April.