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 9 February
On Friday 9 February, TSB is making changes to selected rates across its product range. This includes reductions of up to 0.50% on selected Buy to Let rates and the launch of a 5 Year Fixed Rate at 4.39%, available to landlords completing either a House Purchase or Remortgaging. Providing stability of payment in the medium term.
And whilst new Buy to Let customers cannot be first time buyers, current non-owner/non-owner occupiers are acceptable, subject to criteria. Another reason why brokers choose TSB.
Rate increases on:
Residential
- 2 and 5 Year Fixed First Time Buyer & House Purchase, 85-90% £995 fee, by 0.10%
- 2 Year Fixed Remortgage 0-75% LTV, by 0.20%
Product Transfer
- Residential 2 Year Fixed 0-75% LTV, by 0.20%
Additional Borrowing
- Residential 2 Year Fixed 0-75% LTV, by 0.20%
Rate reductions on:
Buy to Let
- 2 and 5 Year Fixed House Purchase, by up to 0.50%
- 5 Year Fixed Remortgage, by up to 0.50%
Product Transfer
- Buy to Let 5 Year Fixed, by up to 0.50%
Additional Borrowing
- Buy to Let 5 Year Fixed, by up to 0.50%
Brokers will be advised of the changes on Thursday 8 February at 10:30am and asked to submit existing applications by midnight on 8 February as they won’t be available after this time.