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.
From Monday 9 January, TSB is making further reductions to selected House Purchase
and Remortgage 5 Year Fixed rate products by up to 1.30%. With rates starting from
4.99%, all of which have no arrangement fee. This will help both new and existing
homeowners borrow well.
TSB is also reducing selected Additional Borrowing and Product Transfer rates by up to
1.20%.
Money Confidence. For everyone. Every day.
Rates reducing on: Residential
• 5 Year Fixed House Purchase 0-95% LTV and Remortgage 0-90% LTV £0 fee, by up to 1.30% Product Transfer
• 2 Year Fixed Buy to Let, 0-80% LTV £995 fee, by up to 0.60%
• 2 Year Fixed Buy to Let, 75-120% LTV £0 fee, by 0.10%
• 5 Year Fixed Residential, 0-90% LTV £0 fee, by up to 1.20%
• 2 Year Fixed Residential, 85-90% LTV £995, by 0.50%
• 5 Year Fixed Residential, 85-90% LTV £995 fee, by 0.70%
Additional Borrowing 5 Year Fixed Residential, 0-80% LTV, by up to 1.20%
Bank of England base rate changes
Following the Bank of England base rate increase from 3.00% to 3.50% on 15 December,
TSB has made the following changes to our products:
- All existing Tracker products, rates increased by 0.50%
- Homeowner Variable Rate increased to 6.99%
- Buy to Let Variable Rate increased to 7.84%
Brokers will be advised of the changes on Thursday 5 January at 2pm and asked to submit
existing applications by midnight on Sunday 8 January, as they won’t be available after
this time.