TSB announces changes to resi product range | Mortgage Strategy

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TSB has announced changes to its residential product range, effective 24 May.

The lender’s five-year fixed first-time buyer house purchase at up to 75% loan-to-value (LTV) products with a fee of £995 have increased by 0.25%.

The five-year fixed remortgage at up to 85% products with a £995 fee have risen by as much as 0.30%.

Meanwhile, TSB has withdrawn its five-year fixed first-time buyer and house purchase at up to 95% LTV products with no fee.

It has also announced the withdrawal of its new build five-year fixed first-time buyer and house purchase 80-90% LTV products with no fee as well as its new build five-year fixed shared equity and shared ownership first-time buyer and house purchase products. 

The five-year fixed shared equity and shared ownership first-time buyer and house purchase products have also been withdrawn.

Last week, the lender also announced rate increases for its residential five-year fixed products and simplified its buy-to-let (BTL) loan to value (LTV) bands.


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