TSB and Gen H become latest lenders to cut rates Mortgage Strategy

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TSB has made rate reductions of up to 0.20% to its residential, product transfer and additional borrowing ranges.

The lender’s residential two-year fixed first-time buyer and home mover 0% to 75% and 85% to 95% loan-to-value (LTV) rates have been lowered by as much as 0.20%.

In addition, three-year fixed FTB and home mover 0% to 75% and 85% to 90% LTV have gone down by up to 0.15%.

Two-year fixed remortgage rates at 0% to 75% and 85% to 90% LTV have been reduced by up to 0.20%.

In TSB’s product transfer range, the residential two-year fixed 60% to 75% LTV rates have been cut by 0.05%.

Additional borrowing rates have also been lowered, with the residential two-year fixed 60% to 75% LTV rate reduced by 0.05%.

Elsewhere, Gen H has launched new rate cuts across its five-year fixed range.

The lender’s five-year fixed at 85% and 90% LTV has gone down by 0.21% while the five-year fixed at 95% LTV has been lowered by 0.10%.

These come after Gen H lowered two-year fixed rates by up to 0.30% last week.


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