TSB pulls products, lifts resi and landlord rates by up to 75bps Mortgage Strategy

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TSB will pull products and lift prices across its residential and buy-to-let fixed-rate ranges by up to 75 basis points on Thursday (25 April). 

The bank’s changes cover: 

Residential 

It will withdraw all: 

  • Two-year tracker first-time buyer, home mover and remortgage products 

It will lift rates on: 

  • Two-, three- and five-year fixed FTB, home mover and remortgage by up to 35bps 
  • Shared ownership and shared equity products by up to 75bps 

BTL 

It will withdraw all: 

  • Two-year tracker house purchase and remortgage products 
  • Two- and five-year fixed house purchase and remortgage products with no fee 

It will lift rates on: 

  • Two- and five-year fixed house purchase and remortgage by up to 45bps 

The move comes after HSBC, Barclays, NatWest, Co-op, Virgin Money Accord and Leeds Building Society all announced rate increases this week.


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