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.