6 July 2015

95% Mortgages launched through TSB Intermediary

TSB Intermediary has launched 95 per cent loan to value (LTV) mortgages to customers buying a home and who choose to take out a TSB mortgage through a broker.

Lower deposits, long term fixes

Rates on TSB's 95 per cent LTV mortgages start at just 4.49 per cent and are available to homebuyers looking to fix their repayments for two, three or five years.

MortgageLTV ratio (%)FeeRate (%)Max loan size
Two Year Fixed90-95£04.49£250K
Three Year Stepped90-95£995

3.59 (year 1)

4.69 (years 2 & 3)

Five Year Fixed90-95£04.89£250K
Ten Year Fix and Flex90-95£05.34£250K


TSB's signature Fix and Flex mortgage has already proved popular and the Bank is now extending it for brokers helping homebuyers looking for a mortgage with 95 per cent LTV. TSB is the only lender to offer a ten year fix rate mortgage for buyers with a five per cent deposit.

TSB's new stepped mortgage, at 95 per cent LTV, has also been added to the range of mortgages available to brokers. These give homebuyers some financial flexibility during the first year in their new home, and the assurance of a fixed rate for three years.

Roland McCormack, TSB Intermediary Director, said:

"The mix of TSB's mortgages allied to our reliable expert to expert service is proving to be a hit with brokers. The introduction of 95% mortgages through TSB Intermediary is the latest milestone in the launch of our intermediary offering."

For further information:

Follow us on Twitter: @TSB_News