TSB are making the following rate changes to its Residential range.
TSB is also reintroducing its 5 Year Fixed First Time Buyer and Home Mover 90-95% LTV products, with rates starting from 5.39% and £500 cashback.
Residential
Rates reintroduced:
5 Year Fixed First Time Buyer and Home Mover 90-95% LTV products.
Rates reducing on:
2 Year Fixed First Time Buyer and Home Mover 0-75% LTV, by up to 0.10%
- 2 Year Fixed First Time Buyer and Home Mover 90-95% LTV, by 0.10%
- 2 Year Fixed Remortgage 0-75% LTV, by up to 0.15%
- 5 Year Fixed Remortgage 0-75% LTV, by 0.10%
Bank of England base rate changes
Following the Bank of England base rate decrease from 4.75% to 4.50% on 6 February. The following TSB revert, and Tracker rates have been applied to new customers from 10 February:
- Homeowner Variable Rate – 7.99%
- Buy to Let Variable Rate – 8.84%
- Tracker rates decreased by 0.25%
Brokers will be asked to submit existing applications by the end of Wednesday 12 February as they won’t be available after this time.
The new product guide is attached.
For more information please contact your National Account Manager.