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: TSB Mortgage Pro system outage – 5 February
TSB will be making some system updates this weekend, so TSB Mortgage Pro will be
unavailable on Sunday 5 February.
New DIPs or applications should not be keyed during this time.
Brokers will be advised of the outage at 11am on Friday 3 February.
For more information, please contact your National Account Manager.
From Friday 10 February, TSB is making further reductions to selected Residential rates,
including the launch of a competitive 2 Year Fixed rate at 4.44%, available for existing
homeowners looking to Remortgage.
It is also reducing selected Product Transfer Fixed rates, starting from 4.14%. Money
Confidence for new and existing customers.
Rates reducing on:
Residential
2 Year Fixed House Purchase 0-85% LTV £995 fee, by up to 0.20%
2 Year Fixed House Purchase 85-95% LTV £0 fee, by up to 0.65%
5 Year Fixed House Purchase 75-85% LTV £995 fee, by up to 0.15%
2 Year Fixed Remortgage 0-75% LTV £995 fee, by 0.15%
Product Transfer
2 and 5 Year Fixed Residential 0-75% LTV £995 fee, by 0.15%
Bank of England base rate changes
Following the Bank of England base rate increase to 4.00% on 2 February, TSB has made
the following product changes:
All Tracker products, rates increased by 0.50%
Homeowner Variable Rate increased to 7.49%
Buy to Let Variable Rate increased to 8.34%
Brokers will be advised of the changes on Wednesday 8 February @ 4pm and asked to
submit existing applications by 9.45pm on Thursday 9 February, as they won’t be available
after this time. The earlier time is due to a digital outage from 9.50pm Thursday 9 February
to 7am Friday 10 February for system maintenance.