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 16 November
From Wednesday 16 November, TSB is making the following changes to their Residential
and Product Transfer products:
TSB is introducing selected Fixed rate products, together with launching 2 year Tracker
products with no early repayment charges, all of which are available to customers
purchasing a property, or remortgaging. It is also reducing selected Product Transfer rates
by up to 0.70%. Helping both new and existing customers borrow well.
Residential
- Introducing 2 and 5 Year Fixed House Purchase and Remortgage 0-85% LTV £995
fee products - Introducing 2 Year Tracker House Purchase and Remortgage 0-85% LTV £995 fee
products
Product Transfer - Buy to Let 5 Year Fixed 0-60% LTV £995 fee, rate reducing by 0.05%
- Residential 2 and 5 Year Fixed 0-85% LTV £995 fee, rates reducing by up to 0.70%
Bank of England base rate changes
Following the Bank of England base rate increase from 2.25% to 3.00% on 3 November,
TSB have made the following changes to their products: - All existing Tracker products, rates increased by 0.75%
- Homeowner Variable Rate increased to 6.49%
- Buy to Let Variable Rate increased to 7.34%
Brokers will be advised of the changes on Monday 14 November at 11.30am and asked to
submit existing applications by midnight on Tuesday 15 November, as they won’t be
available after this time.