TSB reduces selected resi fixes by up to 35bps Mortgage Finance Gazette

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TSB has cut selected fixed-rate products across its residential range by up to 35 basis points today.

The high street bank’s reductions include:

Three-year first-time buyer and home mover fixes between 60% to 75%, 80% to 85% as well as 90% to 95% loan to value reduced by up to 20bps.

  • Three-year FTB fixes from 60% to 75% LTV, with a £1,495 fee, at 4.51%

Two-year remortgage fixes between 75% to 80% LTV reduced by 15bps.

  • Two-year remortgage fixes from 75% to 80% LTV, with a £995 fee, at 5.34%

Three-year remortgage fixes between 60% to 75% LTV reduced by 7bps.

Five-year remortgage fixes between 75% to 85% LTV reduced by up to 10bps.

Selective affordable housing rates reduced by up to 35bps.

The lender adds that product end dates move out to the end of December