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.
Product changes 28 June
TSB are making changes to their products from 28 June 2022.
The lender is re-introducing 5 Year Buy to Let Remortgage, £995 fee product.
They’re also increasing rates on the following products:
Residential
- 5 Year Fixed First Time Buyer and Home Mover, 85-95% LTV by up to 0.40%
- 2, 5 and 10 Year Fixed Rate Switch, 0-120% LTV by up to 0.65%
Buy to Let
- 2 and 5 Year Fixed Rate Switch, 0-80% LTV by up to 0.65%
Brokers will be advised of withdrawals on Monday 27 June at 2:00pm and asked to submit existing applications for these products by 8pm on Monday 27 June as they won’t be available after this time.
The new Product Guide is attached and is embargoed until 9am on Tuesday 28 June.
Temporary withdrawal of Residential products
From Wednesday 29 June, TSB is temporarily withdrawing their 5 Year Fixed First Time Buyer and Home Mover, £995 fee products.
Brokers will be advised of withdrawals today at 3:30pm and asked to submit existing applications for these products by 8pm tonight, Tuesday 28 June, as they won’t be available after this time.
IMPORTANT NEWS FROM TSB
TSB are reintroducing 5 Year Fixed First Time Buyer and Home Mover, £995 fee products and increasing selected Residential products from 4 July 2022.
- 2 Year Fixed First Time Buyer and Home Mover, 0-80% LTV, by 0.25%.
- 5 Year Fixed First Time Buyer and Home Mover, 0-95% LTV, by up to 0.30%.
Brokers will be advised of withdrawals on Thursday 30 June at 4:30pm, and asked to submit existing applications for these products by 8pm on Sunday 3 July as they won’t be available after this time.