TSB launches 2-year resi offers, cuts PT rates by up to 50bps Mortgage Finance Gazette

Img

TSB will launch new residential fixed-rate offers, while cutting other home and landlord loans by up to 50 basis points on Friday (30 August).  

Highlights of the high street lenders’ changes include:  

Residential  

  • Two- and three-year remortgage fixes, down by up to 45bps  

Buy to let  

  • Two- and five-year house purchase and remortgage fixes, down by up to 15bps  
  • Product end dates move out to the end of January 

Product transfer  

  • Launches residential two-year fixes up to 75% loan to value, with fees of £1,495   
  • Residential two-, three- and five-year fixes, down by up to 50bps  
  • BTL two- and five-year fixes up to 75% LTV, down by up to 15bps  
  • Product end dates move out to the end of January  

Additional borrowing  

  • Residential two-, three- and five-year fixes, down by up to 50bps  
  • BTL two- and five-year fixes, down by up to 15bps