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 19 May
On Friday 19 May, TSB is making changes to its Residential range.
Residential:
Product end dates move out to the end of September.
Increasing rates on:
- 2 Year Fixed House Purchase, 90-95% LTV, by 0.10%
- 2 Year Fixed Shared Ownership Remortgage, 0-75% LTV, by 0.20%
- 5 Year Fixed House Purchase, 85-95% LTV, by 0.10%
- 2 Year Fixed Shared Equity Remortgage, 0-75% LTV, by 0.20%
Reducing rates on:
- 3 Year Fixed Remortgage, by 0.15%
- 2 Year Fixed Shared Ownership House Purchase, 75-90% LTV, by up to 0.15%
- 5 Year Fixed Shared Ownership House Purchase, 0-90% LTV, by up to 0.30%
- 5 Year Fixed Shared Equity House Purchase 0-85% LTV, by up to 0.20%
Bank of England base rate changes
Following the Bank of England base rate increase from 4.25% to 4.50% on 11 May, TSB has made the following changes to its products:
- Homeowner Variable Rate – 7.99%
- Buy To Let Variable Rate – 8.84%
- All Tracker products increase by 0.25%
Brokers will be advised of the changes on Wednesday 17 May at 2pm and asked to submit existing applications by midnight on Thursday 18 May, as they won’t be available after this time.
For more information please contact your National Account Manager.