TSB Update

New Buy to Let 75-80% LTV products and changes to Residential and BTL range.

TSB has introduced new 75-80% LTV Buy to Let and Remortgage products and made changes to its Residential range on Monday 13 December.  

Introduction of new products: 

 Buy to Let  

• 2 Year Fixed, 5 Year Fixed (3 Year ERC), 5 Year Fixed (5 Year ERC) House Purchase and Remortgage 75-80% LTV products.  

 Residential  

• 2 & 5 Year Fixed (5 Year ERC) Remortgage 0-75% LTV, £995 fee products.  

 Temporarily withdrawn  

• 5 Year Fixed (3 Year ERC) First Time Buyer, House Purchase and Remortgage.   
• 5 Year Stepped Down First Time Buyer products. 

 Reduced rates on:  

• 5 Year Fixed (5 Year ERC) First Time Buyer, House Purchase 80-90% LTV by up to 0.15%
• 5 Year Fixed (5 Year ERC) Remortgage 80-85% LTV by 0.15%
• 10 Year Fixed (10 Year ERC) First Time Buyer, House Purchase and Remortgage  60-80% LTV by up to 0.20%

Increased rates on  

First Time Buyer/House Purchase

• 2 Year Fixed 0-80% and 85-90% LTV by up to 0.15% 
• 2 & 5 Year Fixed Shared Ownership 0-75% LTV by up to 0.30%  
• 5 Year Fixed Shared Equity 0-75% LTV by 0.30%  
• 5 Year Fixed New Build First Time Buyer Shared Ownership & Shared Equity 0-75% LTV by 0.30%

Increased rates on 

Remortgage

• 2 Year Fixed 0-75% LTV with £0 fee by up to 0.10% 
• 5 Year Fixed (5 Year ERC) 75-80% LTV with £995 fee by 0.10%  
• 2 Year fixed Shared Ownership 0-75% LTV by 0.30%  
• 2 and 5 Year Fixed Shared Equity 0-75% LTV by up to 0.50%  

Buy to Let Remortgage

• 2 Year Fixed 0-70% LTV rates increased by up to 0.15% 

Brokers will be informed of these changes on Thursday 9 December at 2.00pm and asked to submit applications for withdrawn products by 8pm on Sunday 12 December as they won’t be available after this time.