TSB pulls deals to reprice - Mortgage Strategy

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TSB has written to brokers to warn that it is withdrawing a long list of products after close of business this evening.

The lender says that its new deals will be available tomorrow, but has not revealed whether the rates will be mainly increasing or reducing.

Brokers wishing to make use of current rates must submit applications by 8pm today.

The following products are being withdrawn ahead of changes tomorrow:

  • Product transfer two-year fixed rates at 60-80 per cent loan-to-value.
  • Product transfer five-year fixed rates at 60-80 per cent LTV.
  • Home purchase two-year fixed rates at 60-80 per cent LTV.
  • Home purchase two-year trackers at 60-80 per cent LTV.
  • Home purchase five-year fixed rates at 60-80 per cent LTV.
  • Remortgage two-year fixed rates with free legals at 60 to 75 per cent LTV.
  • Remortgage two-year fixed rate with no free legals and £300 cashback at 60-75 per cent LTV.
  • Remortgage two-year tracker with free legals at 60 to 80 per cent LTV.
  • Remortgage two-year tracker with no free legals and £300 cashback at 60-80 per cent LTV. 
  • Shared ownership five-year fixed at 80 per cent LTV.
  • Shared equity five-year fixed at 60-80 per cent LTV.

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