See the latest announcement from TSB below. Note that you can access TSB via the Brilliant Solutions mortgage club but the lender does place some restrictions on access. Contact us for details.
TSB Mortgage Product Guides are available here but check the date to ensure it has been updated to reflect the announcements below.
IMPORTANT NEWS FROM TSB: Product changes on 18 August
On Friday 18 August, TSB is making further reductions to its 3 and 5 Year Fixed Residential products by up to 0.60%. With rates starting from 5.29%, available to both First Time Buyers and Home Movers, this is more good news for new and existing borrowers.
And for borrowers with smaller deposits, all new House Purchase products above 85% loan to value also benefit from £500 Cashback, helping with the cost of moving.
Rates decreasing on:
- 3 Year Fixed House Purchase, 0-75% LTV, by 0.10%
- 5 Year Fixed House Purchase, by up to 0.60%
Bank of England base rate changes
Following the Bank of England base rate increase from 5.00% to 5.25% on 3 August, TSB has made the following changes to its products:
- Homeowner Variable Rate – 8.74%
- Buy to Let Variable Rate – 9.59%
- Tracker rate increased by 0.25%
Brokers will be advised of these changes on Thursday 17 August @ 10:30am and asked to submit existing applications by midnight on 17 August, as they won’t be available after this time.