TSB cuts resi and BTL rates | Mortgage Strategy

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TSB has made cuts to its residential and buy to let rate switch products.

In a note sent to brokers today it reduced rates on four residential products:

A two-year fixed 0-60% loan to value rate, with a £995 fee, by 0.05%.

Two-year 60-75% LTV rates, by up to 0.15%.

A two-year fixed 75-80% LTV rate, with a £995 fee, by 0.10%.

A two-year fixed 80-85% LTV rate, with a £995 fee, by 0.10%.

It also cut rates on four buy to let mortgages:

A two-year fixed 0-60% LTV rate, with a £995 fee, by 0.10%.

Two-year fixed 60-75% LTV rates, by up to 0.30%.

A five-year fixed 0-60% LTV rate, with a £995 fee, by 0.05%.

Five-year fixed 60-75% LTV rates, by up to 0.20%.

The lender also extended product end dates to the end of August.

Last month, TSB launched several new 95 per cent loan-to-value deals for first-time buyers and other house purchases.


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